The Bombay Stock Exchange (BSE) on May 31, 2024, issued a notification regarding the Enhancement of Dynamic Price Bands for scrips in the Derivatives segment.
The following has been stated: -
•In continuation to Exchange Notice no. 20240527-60 dated May 27, 2024, and 20190208-47 dated February 08, 2019, regarding the Enhancement of Dynamic Price Bands for scrips in the Derivatives segment.
•Exchange has notified the update for relaxing the dynamic price bands. The revised criteria is that a minimum of 50 trades must be executed with 10 different UCCs and 3 unique trading members on each side of the trade at or above 9.90 % or more of the base price.
•They shall be effective in Live from June 03, 2024, and shall be available for testing in mock being conducted on June 01, 2024.
The detailed notification is given in the document below.
[Notice No. 20240531-1]
