According to sources, the Bombay Stock Exchange (BSE) is thinking of launching Sensex futures on Deutsche Bourse & SGX. The BSE IPO will hit the market before March ’08, they add. The BSE will expand its equity by 10% for IPO, sources say. The BSE will raise over Rs 500 crore for the IPO. Sources add that the BSE will enter a strategic tie-up with ASE (Ahmedabad Stock Exchange). ASE members may be able to access BOLT post tie-up, they say. The BSE tie-up with KSE (Kolkata Stock Exchange)& ASE will revive derivative segment, sources estimate.
Source: Moneycontrol.com
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