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BSE executes physical delivery of Gold mini in Options in Goods contract ANI | Updated: May 03, 2021 22:28 IST
Mumbai (Maharashtra) [India], May 3 (ANI): BSE, Asia s leading sti exchange and the world s fastest exchange with the speed of six microseconds executed delivery of Gold mini in the Options in Goods framework.
The physical delivery was successfully completed at the exchange designated vault in Ahmedabad and Gujarat marking the ninth consecutive month of deliveries. So far, the exchange has clocked the highest turnover of INR 5010 crores in Options in Goods contracts.
BSE was the first exchange to launch Options in Goods contracts in Gold mini and Silver kilogram based on spot prices from June 1, 2020. These contracts are converted into physical delivery on expiry. The gold mini options trading unit on BSE is 100 gram and the base value is Rs. per 10 gram. The maximum order size is 10 kilogram and delivery units are 100 grams