In a sign of growing investor interest in equity and equity derivatives, NSE today said its market share has surged in these segments in April-September 2016 period, mainly on account of awareness programs organised by the bourse.
The National Stock Exchange’s market share in equity cash market segment stood at 86 per cent with traded volume of Rs 24,17,500 crore during April-September, while the same for equity derivatives was 99 per cent with a trade volume of Rs 4,17,80,500 crore.
During the last financial year, the exchange had recorded around 85 per cent and 93 per cent market share in equity and equity derivative segments respectively.
“NSE’s incessant efforts towards investor awareness is a key factor towards ensuring increasing participation on its platform. During the last one-year period, NSE has organised around 2,000 investor awareness programs nationwide. Some of those programs were organised in far flung areas and covered a diverse set of investors through online and offline modes,” the exchange said in a statement.
“NSE’s customer focused approach has helped the exchange to win investor’s confidence,” it added.
Besides, the currency derivatives segment of NSE has seen 56 per cent market share, while over 67 per cent market participants chose to trade Interest Rate Futures (IRF) on its platform during April to September of this year.
Currency derivatives and IRF platforms have registered trade volumes of Rs 23,97,100 crore and Rs 1,32,500 crore respectively.
The Assets Under Management (AUM) of ETFs based on Nifty 50 index have crossed Rs 10,000 crore. It was at Rs 8,533 crore as on March 31, 2016 as compared to Rs 1,251 crore at the end of preceding financial year.