NSE notified regarding the update in Contract size revision for index derivatives

Nov 09, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on November 08, 2024, notified regarding the update in Contract size revision for index derivatives.

The following has been stated namely: -

• It states that the mentioned measures in circular no. NSE/FAOP/64625 dated October 18, 2024, and NSE/FAOP/64672 dated October 22, 2024, shall be effective for all new index derivatives contracts introduced from the trade date November 21, 2024, onwards on account of the Trading Holiday on November 20, 2024, due to Assembly Elections in Maharashtra. 

• Members shall load the updated contract.gz / MII contract (NSE_FO_contract_ddmmyyyy.csv.gz) and spread (NSE_FO_spdcontract_ddmmyyyy.csv.gz) files downloaded on November 19, 2024, End of the day on the trading application before trading on November 21, 2024. 

[Notification no. - NSE/FAOP/64990]


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