NSE to introduce overnight liquid transaction facility

Q.  Which stock exchange will introduce an overnight liquid transaction facility on its web-based Mutual Fund platform from 22nd June’15?
- Published on 20 Jun 15

a. National Stock Exchange
b. Bombay Stock Exchange
c. MCX-DX
d. Delhi Stock Exchange

ANSWER: National Stock Exchange
 
The facility will enable traders, especially small investors, to invest even for a single night in liquid funds. A similar product was introduced last month by Bombay Stock Exchange, BSE. The exchange has seen daily transactions worth 400-500 crore rupees in the product so far.

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