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India’s premier exchange, the Bombay Stock Exchange (BSE), announced today that it has inked a memorandum of understanding (MoU) with the Dubai Mercantile Exchange (DME). Together, the two exchanges will work together to help India’s commodities market maximise its potential.
DME is the premier commodities and international energy futures exchange in the Middle East. At the beginning of this month, BSE launched its derivatives trading platform. Through the agreement, the exchanges will support the development of this platform to create a resourceful commodities derivatives market in India.
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Commenting on the partnership, Shri Ashishkumar ... (read more)