The Indian exchange is exploring futures and options contracts linked to Morgan Stanley Capital International (MSCI) indices as demand for index-based investment and hedging tools continues to grow.
The Bombay Stock Exchange (BSE) has entered into an agreement with MSCI to explore launching futures and options contracts in India linked to a number of MSCI indices, subject to regulatory approvals. BSE is Asia's oldest stock exchange and one of the world's largest exchanges by number of listed companies The move comes as the growth of index investing and exchange-traded funds (ETFs) increases demand for derivatives products that can be used to manage equity exposure and facilitate fund fl