CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per the Futures Industry association which is the world’s largest derivatives exchange in 2020?
A
NYSE
B
BSE
C
LSE
D
NSE
Explanation: 

Detailed explanation-1: -NSE World’s Largest Derivatives Exchange For 4th Straight Year.

Detailed explanation-2: -The National Stock Exchange (NSE) has emerged as the world’s largest derivatives exchange in 2022 by the number of contracts traded based on statistics maintained by the Futures Industry Association (FIA), a derivatives trade body.

Detailed explanation-3: -The National Stock Exchange of India cemented its place as the largest derivatives exchange in the world in 2021. Mumbai-based NSE traded 17.3 billion contracts in 2021, followed by the Brazilian B3 with 8.76 billion.

Detailed explanation-4: -The CME Group is the largest futures exchange in the world. It consists of Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), Commodity Exchange Inc. (COMEX), Kansas City Board of Trade (KCBT), and the NEX Group.

Detailed explanation-5: -Binance is the #1 exchange for derivatives trading and also the most economical. It has the most extensive customer base and trading volume in the global crypto markets.

There is 1 question to complete.