Leading stock exchange NSE on Wednesday said it has entered into a data licensing agreement with derivatives marketplace CME Group for WTI crude oil and natural gas contracts.
The pact will allow National Stock Exchange (NSE) to list, trade and settle rupee denominated Nymex WTI crude oil and natural gas derivatives contracts for Indian market participants, the bourse said in a statement.
The addition of the contracts will expand the NSE product offering and its overall commodity segment.
NSE has applied to the Securities and Exchange Board of India (SEBI) seeking approval to launch the additional futures contracts.
