Derivative exchange to be set up in Port City
- CNL Reporter
- March 28, 2025
- News
- Port City
- 0 Comments
Sri Lanka’s Securities and Exchange Commission is evaluating proposals to set up a derivative exchange, Chairman Hareendra Dissabandara said.The exchange is to be set up in Colombo Port City.
“The SEC is currently in the process of evaluating proposals to establish a multi-asset class derivatives exchange,” Dissabandara told an investment forum organized by the SEC and Colombo Stock Exchange.
“This initiative aims to introduce a comprehensive platform that encompasses a range of underlying asset classes, including commodities, thereby broadening market participation and enhancing risk management tools for investors.
“By facilitating the trading of derivatives, we seek to deepen liquidity, improve price discovery, and offer sophisticated financial instruments that cater to the evolving needs of market participants.”Sri Lanka’s Colombo Stock Exchange has teemed up with India’s NCDex to submit one of the proposals.
