February 18, 2024
NSE Tops Global Derivatives Exchanges in 2023
Business Finance

NSE Tops Global Derivatives Exchanges in 2023

NSE Tops Global Derivatives Exchanges in 2023/NSE

NSE Tops Global Derivatives Exchanges in 2023

The National Stock Exchange of India (NSE) maintained its position as the world’s largest derivatives exchange in 2023 based on the number of contracts traded, marking its dominance for five consecutive years.

According to statistics published by the Futures Industry Association (FIA), NSE Group, comprising the National Stock Exchange of India and NSE International Exchange, secured the top spot.

In addition to its leading position in the derivatives segment, NSE ranked 3rd globally in the equity segment by the number of trades on the electronic order book.

The exchange celebrated several milestones in 2023, including the Indian stock market’s market capitalization surpassing USD 4 trillion, SME listed companies crossing the ₹1,00,000 crore mark, and the Nifty 50 index reaching 20,000 index levels for the first time.

Notable achievements also include the shortened timeline for listing securities to T+3 days in the primary market.

NSE’s introduction of the Social Stock Exchange aimed to facilitate social enterprises (NPO and FPE) in reaching a broader audience through instruments like Zero Coupon Zero Principal Bonds.

This initiative allows participants to engage in philanthropic causes while enhancing efficiency and transparency in the overall ecosystem.

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