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Currency futures trading on BSE from Oct 1

Our Bureau

Mumbai, Sept. 26

The Bombay Stock Exchange will kick start currency futures trade from October 1.

Trading in currency futures first began on the National Stock Exchange on August 29.

Meanwhile MCX Stock Exchange Ltd, a subsidiary of Multi Commodity Exchange of India, has also received the approval of the Securities and Exchange Board of India to start currency futures trade.

Currently, institutions such as banks, insurance companies, corporates, SEBI registered brokers, mutual funds, participants in bullion markets and individuals are among those eligible for trading.

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