NSE published regarding the Quantity Freeze Limits for Indices

Feb 02, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe National Stock Exchange (NSE) on January 31, 2024, issued the notification regarding the Quantity Freeze Limits for Indices.

The following has been stated namely: -

• The quantity freeze limits for derivatives contracts on indices shall be applicable from February 01, 2024

• The Index Symbol and Quantity Freeze Limit are as follows:

1. BANKNIFTY – 900

2. NIFTY – 1800

3. Finnifty – 1800

4. MIDCPNIFTY – 4200

• Members are advised to load the updated contract.gz file in the trading application before trading on the effective date.

 

[Notification No. NSE/FAOP/60480]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT