BSE is entering a memorandum of understanding (MoU) with
seven commodity exchanges and their respective clearing
corporations before it launches the new nationwide commodity
move is aimed at creating a thriving market on a national
platform tapping the experience of various traditional
commodities exchanges. All the seven exchanges will be
given membership through a subsidiary route on the BSE
BSE, adding commodities to its basket will make it a one-stop
shop for trading. Derivatives trading in securities at
BSE is, however, still lagging far behind the National
Stock Exchange, which has also promoted (NCDEX) along
with other institutions and
has a small stake in the Multi-Commodity Exchange (MCX).
till date, had no firm plans about creating a commodity
bourse but now things are changing.