BSE has stopped the cash bleed by discontinuing LES. So huge volumes are not coming at the cost of burning cash, rather this maybe bringing in more profit( BSEmargins are lesser than NSE)
It remains to be seen when BSE decides to launch another product with different expiry to keep traders invested. Hopefully, they will be ready for 15th July with countermeasures.
The battle of the exchanges is finally becoming interesting.
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