NSE issued a notification regarding the Quantity Freeze Limit for Indices

Apr 30, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on April 30, 2024, issued a notification regarding the Quantity Freeze Limits for Indices.

The following has been stated namely: -

• It is in reference to circular no. NSE/FAOP/61814 dated April 29, 2024, regarding Quantity freeze for futures & options contracts in F&O, the quantity freeze limits for derivatives contracts on indices shall be applicable w.e.f. May 02, 2024.

• It states the quantity freeze limit as,

o BANKNIFTY - 900

o NIFTY - 1800

o FINNIFTY - 1800

o MIDCPNIFTY - 4200

o NIFTYNXT50 – 600

• It specifies that members shall load the updated contract.gz and NSE_FO_contract_ddmmyyyy.csv.gz files from the faoftp/faocommon directory on the Extranet server or from the website link: https://www.nseindia.com/all-reports-derivatives before trading on the effective date.

[Notification no.  - 50/2024]


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