IRF trading up 20% to `67,712 cr in Apr-Jun period
Trading in Interest Rate Futures on top three bourses rose by 20 per cent in June, taking the overall turnover in the segment to more than Rs 67,712 crore in the first quarter 2014-15.
The combined trading value of Interest Rate Futures (IRF) on BSE, NSE and MCX-SX rose to Rs 26,505.51 crore in June from Rs 22,055 crore in May, the data compiled from exchanges showed.
With such significant growth in June, the total turnover during April-June reached Rs 67,712.51 crore. In April, the combined value of the IRF trades stood at Rs 19,151 crore.
The April-June figures are higher than Rs 39,944-crore trade in IRF logged in last quarter 2013-14.