NSE revises market lots for derivative contracts : Moneycontrol

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.

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http://www.moneycontrol.com/india/news/market-news/nse-revises-market-lots-for-derivative-contracts/21/55/318895


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