The National Stock Exchange (NSE) on August 22, 2023, issued a notification regarding the Revision in the Scheme of Strikes in US Dollar Indian Rupee (USDINR) Currency Options.
The following has been stated namely: -
• The strike scheme for USDINR options has been revised with a view to bring more efficiency in the trading of USDINR options
• The table with the revised strike scheme and interval has been inserted in the notification
• The following are to be noted: -
1. The changes shall be effective from September 04, 2023, only for the USDINR currency pair.
2. All subsequent new weekly expiry cycles introduced from September 01, 2023 (end of the day) will be based on the revised strike scheme in USDINR options.
3. On the expiry day of the near-month contract, the strike scheme in the middle-month contract will be available as defined for the near-month contract.
4. All un-expired weekly and near-month expiries created before September 01, 2023, and available for trading from September 04, 2023, will follow the revised strike scheme from September 01, 2023.
5. Members are advised to take the updated cd_contract.gz file available on the extranet path /cdsftp/cdscommon before trading on September 04, 2023.
[Notification No. NSE/CD/58052]
