New Delhi, Oct 22: Three Indian bourses — NSE, MCX and BSE — have made it to the world's top 20 derivative exchanges, ahead of their peers in global financial centres like London, Singapore and Hong Kong.
While the list is topped by CME Group, as per a list compiled by the Futures Industry Association (FIA) for trading volumes between the period January-June 2012, National Stock Exchange is ranked fifth.
Among other Indian bourses, MCX is ranked at 10th and BSE at 18th position.
After CME Group, Korea Exchange is ranked 2nd, Eurex at third and NYSE Euronext at fourth.
As per FIA data, NSE recorded a decline of 7.2 per cent to 971.8 million contracts in the derivative segment during January-June period of 2012.
For the same period, MCX saw its volume dip by 13.8 per cent to 489.3 million, while BSE recorded a sharp rally to 97.4 million contracts after its renewed focus on derivatives trading in the recent months.
CME group topped as the largest F&O exchange but recorded a decline of nearly nine per cent with 1.55 billion derivative volumes. The second spot was taken by Korea Exchange which witnessed slump of 34.4 per cent at 1.39 billion contracts.
The two were followed by Eurex and NYSE Euronext with 1.26 billion and 1.02 billion contracts been traded during the first six months respectively.
The exchanges ranked below the three Indian bourses in the top 20 were JSE South Africa at 19th and London Metal Exchange at 20th place.
Those ranked below 20th position included Hong Kong Exchanges and Clearing (23rd), London Stock Exchange (24th), China Financial Futures Exchange (25th), Singapore Exchange (26th) and Tokyo Financial Exchange (27th).
