NSE revises market lots for derivative contracts
NSE will cut derivative contracts market lot from December 28 to minimum Rs 2 lakh. Derivative contracts market lot cut is in line with SEBI directive.
It is proposed to carry out revision of market lots for derivatives contract as given below:
To ignore operational complexities, in cases 3, 4 & 5 above, only the far month contract i.e. March 2008 expiry contracts will be revised for market lots. Contracts with maturity of January 2008 and February 2008 would continue to have the existing market lots. All subsequent contracts (i.e., March 2008 expiry and beyond) will have revised market lots.
More @
http://www.moneycontrol.com/india/news/market-news/nse-revises-market-lots-for-derivative-contracts/21/55/318895
Source: http://www.moneycontrol.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
No comments:
Post a Comment