NSE Expands Market-Making Initiative to Include Brent Futures on MCX Platform
NSE Aims to Boost Liquidity in Brent Crude Futures Market
Mumbai: The National Stock Exchange (NSE) is set to introduce a market-making scheme for its recently launched Brent crude futures, a move aimed at increasing liquidity in a segment currently dominated by Multi Commodity Exchange of India Ltd (MCX).
The introduction of the market-making scheme is part of the NSE's efforts to establish itself as a major player in the Indian commodity derivatives market. By incentivizing market makers to provide liquidity, the NSE hopes to attract more participants to its Brent crude futures market.
The market-making scheme is expected to be rolled out in the near future, although an exact date has not been announced by the NSE. In the meantime, the exchange will continue to work on building its infrastructure and services to support the growth of its commodity derivatives market.
| Exchange | Market Share (Brent Crude Futures) |
|---|---|
| NSE | 0% |
| MCX | 100% |
Investor Takeaway
NSE's market-making initiative may improve liquidity in Brent crude futures.
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