Are interest rate futures also traded both on the BSE and the NSE and how are the volumes and open interest on the same?
Answer
Answer
Interest rate futures are yet to pick up in a big way but the volumes are catching on in both the exchanges as you can see from the table below.
Year/ Month
No. of Trading Days
BSE
Interest Rate Futures
Open Interest at the end of
No. of Contracts
Traded Value (` crore)
No. of Contracts
Traded Value (` crore)
2018-19
243
59,01,468
1,11,222
60,205
1,214
2019-20$
121
30,04,062
60,966
1,29,129
2,694
Apr-19
18
2,46,140
4,738
66,107
1,320
May-19
22
4,33,988
8,498
60,668
1,255
Jun-19
19
4,15,150
8,395
67,113
1,403
Jul-19
23
7,84,301
16,198
81,493
1,748
Aug-19
20
5,78,510
11,924
1,22,449
2,581
Sep-19
19
5,45,973
11,213
1,29,129
2,694
NSE
Interest Rate Futures
Open Interest at the end of
No. of Contracts
Traded Value (` crore)
No. of Contracts
Value (` crore)
2018-19
243
1,27,64,150
2,45,407
1,03,589
2,054
2019-20$
121
92,81,452
1,90,284
1,90,842
3,978
Apr-19
18
12,32,112
24,098
1,22,799
2,432
May-19
22
11,45,026
22,662
1,40,085
2,849
Jun-19
19
17,75,758
36,063
1,41,713
2,923
Jul-19
23
21,93,597
46,067
1,56,910
3,349
Aug-19
20
15,43,335
32,496
1,79,226
3,776
Sep-19
19
13,91,624
28,898
1,90,842
3,978