NSE issued a notification regarding revision in NIFTY Midcap Select (MIDCPNIFTY) Expiry Futures and Options Contract Cycle

Mar 24, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on March 24, 2023, issued a notification regarding revision in NIFTY Midcap Select (MIDCPNIFTY) Expiry Futures and Options Contract Cycle.

Introduction of Futures and Options Contracts on Nifty Midcap Select Index. 

It is advised to note the following revision which shall be implemented for trading in MIDCPNIFTY contracts: 

1. Trading in Weekly Index Futures of MIDCPNIFTY contracts shall be discontinued. 

a. Accordingly, no new MIDCPNIFTY Weekly Index futures contract shall be introduced from April 25, 2023 (end of the day). 

b. Weekly futures contracts of MIDCPNIFTY created till April 25, 2023, shall continue to be available for trading till their respective expiry dates/maturity dates. 

Trading in the Weekly Index option of MIDCPNIFTY contracts will be continued

[Notification No.NSE/FAOP/56128]


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