
Crude oil Options reach ₹ 3,560 crores in MCX
Traders switch from futures to option because of the lower cost. The rise in crude oil options reached ₹ 3,560 crores on Thursday. Trade levels slowly switching to options from the future because investors pay on premium but it’s not the future trading turnover. Generally, premium turnover is only 1-2%. Discount transaction fees on MCX…