Industry Analysis

A recent SEBI report shows that India is a major player in global exchange-traded derivatives, making up 30-50% of the market, with index options leading the growth. The turnover in index options grew from ₹4.5 lakh crore in FY18 to ₹138 lakh crore in FY24, and individual investor participation increased from ₹2 to ₹41 per ₹100. Notional turnover in derivatives traded increased from ₹1,650 lakh crore to ₹79,927 lakh crore over the same period. The ratio of derivatives to cash market turnover rose from 19.8 to 367.8. Trading activity also stays high in the last five days before expiry remains high (SENSEX: 96%, BANKEX: 97%). Small retail traders make up 77% of the F&O base.
(Source: Industry Research Report and Annual Report)

Overview of Metropolitan Stock Exchange of India 

The Metropolitan Stock Exchange of India (MSE), established on August 14, 2008, became operational on September 16, 2008, and was officially recognized as a "Stock Exchange" under the Companies Act on December 21, 2012. MSE offers an electronic platform for trading across multiple segments, including Capital Market, Futures & Options, Currency Derivatives, and Debt Market. The exchange introduced Currency Derivatives trading on October 7, 2008, and launched the Capital Market, Futures & Options segments, along with the SX40 index, on February 9, 2013. The SX40, a 40-stock index, began trading on May 15, 2013. The Debt Market segment was introduced on June 7, 2013, followed by the launch of Interest Rate Futures on January 20, 2014.