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May 28, 2015

Eurex Group

BSE derivatives volumes exceed 1 billion contracts on its Deutsche Börse T7 powered trading platform

BSE (formerly Bombay Stock Exchange) and Deutsche Börse today announced that the cumulative volume on BSE’s derivatives markets since the launch of its new trading platform BOLT Plus – which is based on Deutsche Börse’s T7 trading technology – has surpassed the 1 billion traded contracts mark.

This milestone underlines BSE’s competitive edge in terms of speed, transparency and reliability.

Since inception of BOLT Plus, average daily volume and hence the market share of BSE have improved significantly. In the first four months of 2015, the combined average daily volume in equity derivatives and currency derivatives exceeded 3.3 million contracts. With 84.6 million contracts traded in the first four months of 2015, BSE ranks first in the world in terms of number of contracts traded in currency options, as the latest WFE rankings show.

Ashishkumar Chauhan, MD & CEO BSE, commented: “Our strategic partnership with Deutsche Börse has given a new trading experience to BSE members with sub-200 microsecond latency and high throughput – the results of which have started to show. We expect to continue to leverage our partnership to the mutual benefit of the oldest stock exchange in Asia and the largest exchange group in Europe.”

“We are very pleased with this development and continue to support the overall expansion and further improvement of BSE’s offering,” added Tom Bendixen, Senior Vice President of Eurex and Director of BSE.

Currently, BSE has approximately 1,400 members, while many more domestic and international participants are preparing to connect with BSE. Since April 2015, (potential) participants of BSE can use Deutsche Börse’s resilient and low latency N7 network services to connect to BSE’s back-end in India via Deutsche Börse Access Points (data centres) in Hong Kong and Singapore.

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