BSE Ltd. has emerged as the world’s best-performing exchange operator this year, and analysts are predicting more gains on expectations of its expanding derivatives business. Shares of the Indian bourse have rallied 270% this year, trouncing global platforms such as cryptocurrency major Coinbase Global Inc. and Cboe Global Markets Inc., as well as the country’s Multi Commodity Exchange of India Ltd. The rally was partly driven by BSE relaunching derivative contracts on the benchmark Sensex and the banking sector gauge in May this year, attracting investors with reduced lot sizes and a new expiry cycle.
India Derivatives Boom Boosts BSE's Stock to Best Performing Exchange Operator
