Wednesday, August 26, 2009

NSE to launch trading in interest rate futures

On 31 August 2009

The National Stock Exchange (NSE) has announced the launch of trading in interest rate futures (IRF). Trading in IRF will begin on Monday, 31 August 2009, NSE said in a circular.

The bourse has decided to waive transaction charges for trading in IRF initially. The waiver is till 31 December 2009. The decision to waive transaction charges initially has been taken to encourage active participation by members, NSE said.