Mumbai, May 8 -- India's commodity derivatives market scaled a fresh high on May 7, with the National Stock Exchange's crude oil options segment clocking record trading volumes, signaling rising depth and breadth in energy derivatives.
Total traded volume touched a record 22,55,148 lots, marking the highest-ever activity in NSE's crude oil options. That accounted for 48.5% share of total volumes in the segment. This is particularly noteworthy when compared with MCX, whose corresponding expiry falls on May 14 and which recorded 23.94 lakh lots. NSE's crude oil options on futures recorded a turnover of over Rs 1,700 crore in the last two trading days, reflects meaningful early traction.
Despite being a new entrant in crude oil options, NSE ...