The National Stock Exchange (NSE) on March 13, 2025, issued a circular regarding the revision in tick size of Stock Futures in F&O Segment with partial modification to Exchange circular NSE/FAOP/62175 dated May 24, 2024 regarding revision in tick size applicable for stock futures contracts.
It is stated that the stock futures shall have the same tick size as applicable for underlying security in the CM Segment.
The members may note the revised tick size for stock futures as mentioned in the Table.
The said revision will be effective from the trade date of April 15, 2025. The first revision of tick size as per the proposed tick size for stock futures contracts shall be undertaken on April 11, 2025 (EOD) based on closing price on the last trading day in CM Segment on March 28, 2025.
Thereafter, the Exchange shall review the tick size on monthly basis on the last trading day of the month and shall determine the tick size, which shall be made applicable for the next month. All other provisions mentioned in the aforesaid circulars shall remain unchanged.
This circular is issued for the Futures & Options, Emerge, Capital Market (Equities) Trade deparments.
[Circular No: 38/2025]
