National Stock Exchange (NSE) and Bharat Metal Exchange (BME) announce a collaboration aimed at strengthening India’s non-ferrous metals derivatives market ecosystem. The agreement focuses on developing new products in the non-ferrous metals space and increasing market awareness around price risk management.

According to both reports, NSE brings its derivatives market infrastructure, while BME contributes its expertise and its engagement with India’s physical non-ferrous metals ecosystem. The collaboration is framed as a joint effort to support the growth of derivatives offerings linked to non-ferrous metals, and to help participants better manage price volatility.

The outlets describe the partnership as combining the operational and market capabilities of NSE with BME’s industry linkage in the physical metal markets. The stated goals are product development and broader awareness, with an emphasis on enabling risk management tools for market participants dealing with non-ferrous metal price movements.