Derivatives exchange of the year - National Stock Exchange of India

Asia Risk Awards 2006

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On top of its 65% share of volume in India's cash equities market, the National Stock Exchange of India (NSE) holds a 99.5% share of domestic equity derivatives volumes, with the Bombay Stock Exchange doing the rest of the country's equity futures business. The two are the only Indian exchanges able to trade equity derivatives.

NSE's commanding position at home is reflected globally: it is the top futures market in the world in terms of both notional turnover and number of contracts traded. I