The National Stock Exchange (NSE) on November 29, 2024, issued the notification regarding the Revision in Expiry Day of Index derivatives contracts.
The following has been stated namely: -
• The following Expiry date of the following has been revised to Last Thursday of expiry month namely: -
o BANKNIFTY monthly & quarterly contracts
o FINNIFTY monthly contracts
o MIDCPNIFTY monthly contracts
o NIFTYNXT50 monthly contracts
• The expiry day for NIFTY monthly, weekly, quarterly, and half-yearly contracts will remain unchanged.
• The revised expiry day will come into effect at the end of January 01, 2025.
• All existing contracts will have their expiry day revised to the new expiry on January 01, 2025 (EOD).
• New contracts created after the effective date will follow the updated expiry day.
• The revised expiry dates for all existing contracts will be available in the contract file generated on January 01, 2025.
• These revised expiry dates will be applicable for trading on January 02, 2025.
• Members must download updated contract files (e.g., contract.gz, spd_contract.gz) before trading on January 02, 2025.
[Notification No. NSE/FAOP/65336]