After BSE’s market share gains, NSE ups its game

In the past year, the Bombay Stock Exchange (BSE) has seen stellar turnaround in its fortunes. From a paltry market share of 0.1% in the future and options (F&O) market, it has now risen to 7.4%.

And industry experts believe that the good run is likely to continue, albeit at a slower pace. No wonder, the big daddy of the segment – the National Stock Exchange (NSE) – has started making changes in its strategies to counter this unexpected challenge.

An NSE official, on the condition of anonymity, said, “We are not in competition with BSE. They have been aggressive last year. We hope to regain some lost market share this year through some new plans.”

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