BSE may turn in to multi-asset exchange

Bombay Stock Exchange was working on trading in different categories like debts, interest rate derivatives, forex and power, a top official said.

This will enable Asia's oldest stock exchange to change as a multi-asset exchange from a traditional exchange, BSE's Head, Market Development, James Shapiro, said at a seminar.

"BSE is moving from a traditional exchange to a multi-asset exchange," Shapiro, said, adding that the exchange was now in a transition period.

"We are working on some major diversification like trading in debts, derivative products, moving in to interest rate derivatives, forex and even power trading as a part of being a multi-asset exchange," Shapiro said.