NSE raises quantity limit for Nifty bank derivatives


Daijiworld Media Network - Mumbai

Mumbai, Aug 31: The National Stock Exchange (NSE) has revised quantity freeze limits for index derivatives, raising the limit for NSE Nifty Bank derivatives from 600 to 900 contracts, effective September 1.

Limits for NSE Nifty 50 remain unchanged at 1,800, while NSE Nifty Finance and Nifty Next 50 also continue at 1,800 and 600, respectively, the exchange said in a circular.

Trading members have been directed to update their systems with the new contract files. Earlier this week, NSE announced plans to introduce pre-open trading for equity futures from December 8, following Securities and Exchange Board of India guidelines to extend the pre-open session to derivatives.

 

  

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Title: NSE raises quantity limit for Nifty bank derivatives



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