BSE created history on June 9, 2000 by
launching the first Exchange-traded Index Derivative Contract i.e. futures on the capital market
benchmark index - the BSE Sensex. The inauguration of trading was done
by Prof. J.R. Varma, member of SEBI and Chairman of the committee which
formulated the risk containment measures for the derivatives market.
The first historical trade of 5 contracts of June series was done that day
between the Members Kaji & Maulik Securities Pvt. Ltd.
and Emkay Share & Stock Brokers Ltd. at the rate of 4755.
