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BSE to launch options on WTI crude oil, Brent crude oil futures on Oct 9
Leading stock exchange BSE on Friday said it will launch options contracts on underlying WTI crude oil and Brent crude oil futures from October 9.
In addition, the exchange will introduce Futures contracts on base metals such as copper, zinc, aluminium.
These commodity contracts will provide market participants, particularly corporates, value chain participants and foreign portfolio investors, an efficient way to manage their commodity price risk against volatility, BSE said in a statement.
Earlier, the stock exchange introduced Brent crude oil futures contracts in the commodity derivatives segment.
Earlier in the day, the National Stock Exchange (NSE) announced that it will launch options contracts on underlying WTI crude oil and natural gas futures in the commodity derivatives segment from October 9.
Separately, BSE said that Investor Risk Reduction Access (IRRA) has been made accessible to trading members across exchanges from October 3.
The platform will help investors in cas