Mumbai: Four foreign banks which face a hurdle in trading domestic government bonds and derivatives due to a European regulator’s derecognition of an Indian clearing house are likely to approach their home regulators for an extension of the deadline to transact with the local clearing body, said people with knowledge of the matter. They said … Read more
Mumbai: Indian lenders must play a larger role in global derivatives and work to ensure that smaller retail players do not pay more for access to foreign exchange products, central bank governor Shaktikanta Das said Wednesday, underscoring the need for local banks to reflect the country’s rising economic status and emerge as market makers. “Participation … Read more
Equity markets will remain closed on Friday on account of Good Friday, according to the market holiday calendar of BSE. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed today. The Multi-Commodity Exchange (MCX) will also be closed for both morning and afternoon sessions. Equity markets will remain … Read more
Futures and options are two fancy terms used in financial markets that are becoming quite famous in the investor community. Online trading applications have helped new-age investors and traders participate in Futures and Options trading as per their requirements. Few novice investors and traders are curious and willing to explore this segment without understanding the … Read more
Mumbai: The European Securities and Markets Authority (ESMA) may approach its board to seek ways to resolve a regulatory stalemate with the Reserve Bank of India (RBI) which poses roadblocks to billions of dollars of bond and derivatives trade by European banks in India, said people familiar with the matter. The developments come at a … Read more
