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Which of the following launched world’s first ever diamond derivatives?

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Which of the following launched world’s first ever diamond derivatives?
1). BSE
2). National Stocks Exchange of India (NSE)
3). Indian Commodity Exchange Limited (ICEX)
4). National Spot Exchange


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Answered by on | Votes 1 |
  • The world’s first ever diamond derivatives were launched by Indian Commodity Exchange Limited (ICEX).
  • Derivatives are the financial instruments of capital market in which there is a contract between the two parties. Its value is derived from the value of an underlying assets such as stocks, bonds, commodities and currencies etc.
  • The most common types of derivatives are options, futures, forwards and swaps.

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