In a move to expand its commodity segment offerings, the National Stock Exchange (NSE) on Wednesday announced a data licensing agreement with the world’s leading derivatives marketplace CME Group for NYMEX WTI Crude Oil and Natural Gas (Henry Hub) derivatives contracts.
The agreement will allow NSE to list, trade and settle rupee-denominated derivative contracts in these global benchmarks for Indian market participants. The new launch will add to the energy basket offerings of NSE.
The exchange has applied to the market regulator Securities and Exchange Board of India (Sebi) for approval to launch these additional futures contracts.
