The Bombay Stock Exchange (BSE) on December 13, 2024, notified regarding the update in the enhancement of Dynamic Price Bands for scrips in the Derivatives Segment – Sliding price band & cancellation of orders beyond new price band with Temporary floor or ceiling for Options contracts during cooling off period.
The following has been stated namely: -
• It outlines that under revised criteria, pending orders in the sentimental price trend direction beyond the hard price band during cooling-off in the underlying/futures will not be canceled by the Exchange, unlike the previous requirement to cancel such orders.
• The amendment shall be available for testing in mock trading sessions conducted on December 14, 2024, and shall be made Live w.e.f. December 16, 2024.
The detailed notification is given in the document below.
[Notification No. - 20241213-54]
