30-01-2015 06:17 via news.yahoo.com

BSE slashes fees in FX derivatives battle with NSE

By Rafael Nam and Abhishek Vishnoi MUMBAI (Reuters) - India's oldest stock market operator, BSE Ltd, is slashing fees to gain ground in new markets, turning currency derivatives into the latest battleground in its long-standing rivalry with the younger but larger National Stock Exchange. "BSE did not have a habit of being successful," said BSE chief executive Ashishkumar Chauhan in an interview. "In the past few years we have had significant traction in new areas." Since
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