LONDON (Thomson Financial) - India's Bombay Stock Exchange (BSE) said it applied to the securities watchdog the Securities and Exchange Board of India (SEBI) to set up a currency derivatives segment.
The stock exchange, Asia's oldest, said it is awaiting SEBI approval, after which it will prepare to launch the segment.
BSE said it is exploring strategic arrangements with certain established entities in the forex market.
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Friday, August 8, 2008
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India's Bombay Stock Exchange applies for currency derivatives segment
India's Bombay Stock Exchange applies for currency derivatives segment
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