<p>The National Stock Exchange emerged as the world’s second-largest bourse in terms of turnover in trading of index as well as stock futures, according to latest data.<br /><br /></p>.<p>Index and stock futures are generally contracts based on a particular stock or index.<br /><br />NSE has been ranked second in trading turnover for index futures for the month of June, just behind European bourse Eurex, according to market regulator Sebi’s July bulletin. <br /><br />Sebi has cited data from the World Federation of Exchanges (WEF).<br /><br />In the index futures, the domestic exchange’s turnover skyrocketed more than six times to $351.65 billion in June from $47.36 billion in May.<br /><br /> On the stock futures front, too, NSE cornered the second position in June with a turnover of $54.58 billion.</p>
<p>The National Stock Exchange emerged as the world’s second-largest bourse in terms of turnover in trading of index as well as stock futures, according to latest data.<br /><br /></p>.<p>Index and stock futures are generally contracts based on a particular stock or index.<br /><br />NSE has been ranked second in trading turnover for index futures for the month of June, just behind European bourse Eurex, according to market regulator Sebi’s July bulletin. <br /><br />Sebi has cited data from the World Federation of Exchanges (WEF).<br /><br />In the index futures, the domestic exchange’s turnover skyrocketed more than six times to $351.65 billion in June from $47.36 billion in May.<br /><br /> On the stock futures front, too, NSE cornered the second position in June with a turnover of $54.58 billion.</p>