India's first currency derivative Exchange named 'United Stock Exchange' or USE is all set for inauguration today(20th september 2010), The inauguration would be done by Mr. CB Bhave(chairman of SEBI).
The United Stock Exchange will start operations in four currency pairs currently allowed by SEBI like dollar-rupee, euro-rupee, yen-rupee and pound-rupee.
It may be recalled that the Bombay Stock exchange has a 15 percent stake in the new currency derivatives exchange USE.
The United Stock Exchange will start operations in four currency pairs currently allowed by SEBI like dollar-rupee, euro-rupee, yen-rupee and pound-rupee.
It may be recalled that the Bombay Stock exchange has a 15 percent stake in the new currency derivatives exchange USE.
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