NSE issued the notification regarding the Quantity Freeze Limits for Indices

Jun 01, 2024 | by TeamLease RegTech Legal Research Team

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

This is in reference to Chapter 1.8 Quantity freeze for futures & options contracts in F&O consolidated circular no. NSE/FAOP/61814 dated April 29, 2024.

The following has been stated:

• The Quantity freeze limits for derivatives contracts on indices shall be applicable as under w.e.f. June 03, 2024:

o BANKNIFTY – 900

o NIFTY – 1800

o FINNIFTY – 1800

o MIDCPNIFTY – 4200

o NIFTYNXT50 – 600

• The Members are advised to load the updated contract.gz and NSE_FO_contract_ddmmyyyy.csv.gz file in the trading application before trading on the effective date. This file can be obtained from the directory faoftp/faocommon on the Extranet server.

• The members can access the contract file - NSE_FO_contract_ddmmyyyy.csv.gz on the website path: https://www.nseindia.com/all-reports-derivatives.

[Notification No NSE/FAOP/62270]


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