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Friday, January 12, 2001

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NSE to launch options by month-end
NSE has told Sebi that it will be launching trading in index-based options by the month-end, while BSE said that it would be ready to launch in March.

Bring FIs into derivatives -- Sebi group
Some members of the technical group on the new derivatives products of the SEBI on Thursday expressed the view that the growth of the derivatives segment was hindered by some regulatory issues pertaining to institutional investors and that they must be relaxed to boost volumes in the segment.

ICICIDirect in negotiations with 6 mutual funds for product sales
ICICI Web Trade is believed to be in various stages of negotiations with six mutual funds for a tie-up with ICICIDirect for distribution of their schemes.


  Service sector to rule market, predicts DSP Merrill Lynch
  ACM Intl allocates budget to expand Indian staff by 50%


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