BSE on Monday relaunched Sensex and Bankex derivative contracts in its bid to boost derivative trading at the country’s premier bourse. The relaunch of derivative contracts comes with a reduced lot size of futures and options and a new expiry cycle of Friday from Thursday earlier, BSE said.
Derivatives are considered to be high-risk-reward financial instruments aimed at hedging risk in the equity market. BSE had launched Sensex-30 derivatives (options and futures) for the first time in 2000.The Sensex-30 derivatives are made up of 30 of the largest and most actively traded companies on BSE.