The clearing corporation of BSE, ‘BSE Clearing Limited’ on Monday launched three‑working‑day contracts in the Securities Lending & Borrowing segment to provide greater flexibility for short‑term securities borrowings and delivery requirements. 

The statement from BSE Clearing Limited said the shorter tenor can also facilitate inter-exchange arbitrage and greater price alignment across trading venues, enabling participants to respond more efficiently to temporary market opportunities, as per IANS.