The BSE Sensex Futures will start trading on the US Futures Exchange (USFE) from April 4.It will be the first Asian index futures to go live on the US exchange.The -dollar denominated futures contracts will trade 23 hours a day on the USFE, and will have a notional value of 40,000 index units and the minimum price change would be $5.
For those wishing to invest in Indian equity, the BSE Sensex Futures will be a second option — the other being the American Depository Receipts (ADRs).While the BSE Sensex comprises top-30 shares on market capitalisation, the ADRs are spread across market capitalisations.
Read more in The DNA Money article.
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