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Business Economy


BSE commodity derivatives segment registers new milestone

Kolkata, Jul 09 (UNI) The commodity derivatives segment at BSE registered a new high of INR 3,015 crores on July 8. The commodity derivatives segment platform is gaining wide investor participation since the launch of 'Option in Goods' in Gold mini and Silver kg from 1 June 2020, which also registered a new high of INR 2,998 crores.

Gold mini and Silver kg 'Options in goods' contracts are based on spot prices and are physically settled on expiry. Gold mini contracts which expired at the end of last month were delivered at BSE designated vaults at Ahmedabad, Gujarat, amid this lockdown.

BSE has received extremely positive response from all stakeholders for these contracts and is the market leader in the bullion options segment. In about a month since launch, BSE has become the second largest commodity exchange in terms of turnover.

Sameer Patil, CBO of BSE said "With Commodity 'options in goods' contracts, we seek to gain wider participation and add new vibrancy to our commodity derivatives platform. Seamless and integrated trading and delivery at BSE is extremely beneficial for small and mid-level jewellers and bullion dealers, who can not only hedge their price risk but also avail delivery on expiry of the contract."

BSE thanks the consistent support and active participation of all its members and looks forward to increased volumes in the future.

UNI SJC AND
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Smarten Announces an Innovative eLearning Course, Be a Citizen Data Scientist - Aspire, Inspire, Become

06 Aug 2020 | 7:13 PM

AHMEDABAD, India, Aug. 6, 2020 /PRNewswire/ -- Smarten is pleased to announce the introduction of its eLearning Workshop, 'Be a Citizen Data Scientist - Aspire, Inspire, Become'. This online course is designed to provide a solid foundation for one's business and, more importantly, for those members of the team who may be considering as early adopters or champions of the Citizen Data Scientist transformation within their organization.

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The 23rd TDO Software and 2nd GentleWave User Meeting Moving to an All Virtual Experience

06 Aug 2020 | 7:13 PM

LAGUNA HILLS, California, Aug. 6, 2020 /PRNewswire/ -- Sonendo, Inc., a leading dental technology company, developer of the GentleWave System and the parent company of TDO Software Inc., the leading endodontic practice management software developer, announced today that its Annual TDO and GentleWave User meeting will be transformed to an all virtual event scheduled for Oct 8-10. The virtual meeting will be presented in conjunction with Pacific Endodontic Research Foundation (PERF).

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Enhanced Technologies Help E-commerce Platforms and Merchants Deliver a More Intelligent Live Streaming Experience

06 Aug 2020 | 7:12 PM

SHENZHEN, China, Aug. 6, 2020 /PRNewswire/ -- Huawei Developer Webinar was held today to unveil an enhanced live e-commerce solution.

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OnePlus and PUBG MOBILE Team Up to Deliver Exclusive 90 FPS Experience for Mobile Gamers

06 Aug 2020 | 7:12 PM

SHENZHEN, China, Aug. 6, 2020 /PRNewswire/ -- OnePlus, a global mobile technology company, today announced it is partnering with PUBG MOBILE to bring the world's first 90 FPS gaming experience to the popular tactical tournament game on OnePlus devices. Gamers using a OnePlus 8 series, OnePlus 7T series or OnePlus 7 Pro smartphone will have exclusive access to PUBG MOBILE at 90 FPS from August 6 to September 6. This exclusive experience is available to OnePlus users worldwide, excluding Mainland China, Japan, and Korea.

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Borderless Capital Invests in and Partners with StakerDAO to Accelerate Access to DeFi Across Algorand Ecosystem

06 Aug 2020 | 7:12 PM

SINGAPORE, Aug. 6, 2020 /PRNewswire/ -- Today Borderless Capital announced that they have invested in and partnered with StakerDAO to accelerate access to decentralized financial products throughout the Algorand Ecosystem. StakerDAO's first financial product, Blend (BLND), will launch on Algorand, with plans for additional DeFi products in coming months.

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