The Bombay Stock Exchange – BSE will launch its currency derivatives segment on Friday. It has informed that initially, it will not levy any transaction charges for trading in Currency and Interest Rate Derivatives, however, trading members would have to make a onetime contribution of Rs 250 towards the 'Investor Protection Fund'.As per the guidelines, trading on the segment would take place between 9 am to 5 pm. According to BSE, the currency futures trading would commence on the contracts of US Dollar-Indian Rupee, Euro- Indian Rupee, British Pound-Indian Rupee and Japanese Yen- Indian Rupee. BSE will also offer Currency Options trading on the contracts on US Dollar-Indian Rupee. BSE will be the fourth stock exchange to offer this service; the others being the National Stock Exchange, MCX-SX and United Stock Exchange.