Sriram Krishnan News

Subscribe to enjoy similar stories.MUMBAI: National Stock Exchange (NSE) plans to roll out a market-making scheme for its recently launched Brent crude futures, as it seeks to build liquidity in a segment dominated by Multi Commodity Exchange of India Ltd (MCX).“There is a plan to offer a liquidity enhancement scheme (LeS) for Dated Brent Crude Oil (Platts) futures in the next two-three weeks,” said a person aware of the development. “The exchange is in talks to appoint select broking firms for the LeS.”The move reflects NSE’s broader strategy in commodity derivatives segment: introduce differentiated products and use market-making incentives to build volumes from scratch.Sriram Krishnan, chief business development officer of NSE, declined to comment specifically on the LeS.But, underscoring NSE's strategy to gain traction in the commodity derivatives segment, dominated currently by the Multi Commodity Exchange with over 99% share, Krishnan said, "We are trying to introduce unique and differentiated products from what is available in the market."NSE launched Brent futures on 13 April.“An LeS in dated Brent futures is a good move as this is one of the major traded commodities not just globally, but also in India,” said Naveen Mathur, director, commodities and currencies, at Anand Rathi.

equity derivatives contracts to Monday from the long-established Thursday. A look at what could have prompted the country's largest exchange to alter them. Which are the contracts NSE has changed the expiry day?

AI Safety Institute, two people close to Washington's plans for the event and a third source briefed on the matter told Reuters.

Subscribe to enjoy similar stories. India's top stock exchange is on the watchout for fresh measures from the stock market regulator to cool the derivatives frenzy, even as a slew of recent measures begin to take effect. Average daily traded volume (ADTV) in NSE's equity futures segment fell 15% to ₹1,71,825 crore, an NSE presentation for the December quarter showed.

Elon Musk and Donald Trump’s hardline Make America great again (Maga) base after the US president-elect chose an Indian-born entrepreneur Sriram Krishnan to be his adviser on artificial intelligence. The row has pitted Musk and biotech entrepreneur Vivek Ramaswamy against the Maga supporters, especially far-right political activist Laura Loomer and Matt Gaetz, the former Congress member and abortive nominee for attorney general. The clash is significant since immigration was the key issue in the 2024 US Presidential elections.

Ro Khanna criticised those targeting Indian-born Sriram Krishnan, who was recently chosen as a senior policy advisor for Artificial Intelligence by President-elect Donald Trump, over his Indian origin.

foreign portfolio investors (FPIs) in the Indian stock markets, Sriram Krishnan, Chief Business Officer of the National Stock Exchange (NSE), expressed confidence in the resilience of India's growth story.

National Stock Exchange (NSE) on Friday said it wants to launch its IPO, which could beat Hyundai's record of largest public issue, not for price discovery of its shares but for the sake of transparency and accountability. “The IPO will increase transparency and accountability. We are valued at around Rs 4.75 lakh crore in the unlisted market and as India's largest exchange we should be accountable to the market," Sriram Krishnan, Chief Business Development Officer, NSE, told reporters in New Delhi on Friday.

NSE said in a release. On a state-wise basis, Maharashtra led with the highest number of accounts at 3.6 crore, followed by Uttar Pradesh with 2.2 crore accounts, Gujarat with 1.8 crore, and both Rajasthan and West Bengal at 1.2 crore each.

‘Viksit Bharat’. He sees the Indian economy rising further in leaps and bounds by making the country a 'developed nation worth $30 trillion economy by 2047. The Indian equity market has been an instrumental part of the country's economic growth.

₹1 lakh crore mark for the first time. As on date, 397 companies have listed on NSE Emerge with fund raising of more than ₹7,800 crore.

investor frenzy not only for stocks in the main board but also in the SME segment, the market capitalisation of companies listed on the NSE Emerge platform has crossed the Rs 1 lakh crore mark. As on date, 397 companies are listed on NSE Emerge, with a fundraising of more than Rs 7,800 crore.

Also Read: NSE launches WTI crude oil, natural gas futures “We are pleased to announce expansion of our product offerings in the Commodity Derivatives Segment. With the launch of 13 new products today, futures and options on all key products in Energy, Bullion and Base Metals category are available on NSE platform.

Also Read: SEBI asks MCX to keep commodity derivative platform launch in ‘abeyance’ NSE said that 45% of the new 1 crore unique PAN based investor registrations came from beyond the top 100 cities. States from Northern part of India accounted for 43% followed by West with 27%, South by 17% and East by 13% towards the last 1 crore new investor registrations.

NSE) said it has sought Sebi's approval to add another evening session from 6-9 pm. While longer trading hours mean more revenue for exchanges due to increase in volumes, derivative traders fear that their work-life balance may go for a toss. «Prima facie an average F&O trader, is less likely to warm up to the idea of the evening session as it eats into one’s personal time and space, which is essential for research and planning or more importantly time off the market for recharge and introspection,» said Anand James, Chief Market Strategist at Geojit Financial Services. NSE wants to extend trading hours in a gradual manner, depending on the feedback from market participants, including FIIs and brokers. As of now, there are no plans to tweak the timings of the cash segment as the second session would be meant only for index future and options. The exchange's rationale is that the extension will give traders a chance to react to global events.

Sriram Krishnan, Chief Business Development Officer, NSE, says “we have taken a bit of time to have these discussions because we wanted to cover all types of stakeholders, not just the domestic ones, but even the foreign portfolio investors. After a lot of discussions they have come up with this suggestion that we should not touch the cash equity segment, but it would be the right thing to do if we were to extend the trading hours for the equity derivative segment. So, for a start, we are looking at a session from 6 pm to 9 pm India time where we will offer index options and futures.”What is the National Stock Exchange plans for extending trading hours for equity derivatives? We submitted a proposal a couple of weeks back, I do not remember the exact date but very much in this month.

WTI Crude Oil and Natural Gas futures contracts in its commodity derivatives sector, the bourses said in a release. Soon, the official launch date will be revealed. Prior to that, on May 15, 2023, NSE introduced the rupee denominated NYMEX WTI Crude Oil and Natural Gas futures contracts in its Commodity Derivatives section.

NSE) will launch options on WTI crude oil and natural gas futures contracts in its commodity derivatives segment.The launch date will be announced soon. WTI crude oil is a specific grade of crude oil and one of the main three benchmarks in oil pricing, along with Brent and Dubai Crude. WTI is the underlying commodity of the New York Mercantile Exchange's (NYMEX) oil futures contract and is considered a high-quality oil that is easily refined. Earlier in May, the exchange had launched the rupee denominated NYMEX WTI crude oil and natural gas futures contracts in its commodity derivatives segment. NSE said it has witnessed a positive response from market participants in the WTI crude oil and natural gas futures contracts as more than 100 trading members across regions have transacted in these contracts since the launch. «The addition of options on futures contracts will further boost NSE's product offering in the overall commodity segment.

An executive from venture capital firm Andreessen Horowitz (a16z) believes that Web3 has the solutions to the headaches and problems found on Web2-based social media platforms. 

National Stock Exchange is exploring opportunities in electricity derivatives and the voluntary carbon credit (VCC) market to deepen its product portfolio as part of its transformation into a multi-asset stock exchange. The world's largest derivatives stock exchange also plans to introduce derivative contracts based on the indices of the corporate bond index and government bond index, subject to clearance from regulators. «We are evaluating the voluntary carbon credits market.

LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced Monday.