India listed derivatives market faces infrastructure hurdle

hurdles

The growth in India's market for listed derivatives over the past decade has been dramatic. Between 2000 and 2001, the year that derivatives first appeared on the market, the country's largest stock exchange, the NSE, reported an average of 110 equity derivative trades a day with average daily notional turnover of 70 million rupees ($1.1 million). Between 2012 and 2013, that number had grown to nearly 2 million trades a day with an average daily notional turnover of 152 billion rupees ($2.5 b