BSE relaunches Sensex, Bankex derivative contracts

BSE relaunches Sensex, Bankex derivative contracts

BSE on Monday relaunched Sensex and Bankex derivative contracts in its bid to boost derivative trading at the country’s premier bourse. The relaunch of derivative contracts comes with a reduced lot size of futures and options and a new expiry cycle of Friday from Thursday earlier, BSE said.

Derivatives are considered to be high-risk-reward financial instruments aimed at hedging risk in the equity market. BSE had launched Sensex-30 derivatives (options and futures) for the first time in 2000.The Sensex-30 derivatives are made up of 30 of the largest and most actively traded companies on BSE.