Eligibility criteria for stock derivatives tightened, raising minimum order size and market-wide public limits and adding turnover requirement. Admission criteria for stock derivatives are revised: minimum Median Quarter Sigma Order Size is raised to Rs. 10 lakh and minimum MWPL to Rs. 300 crore. Retention criteria are revised to require MQSOS of at least Rs. 5 lakh over six months, MWPL of at least Rs. 200 crore, and average monthly turnover in the derivatives segment over the last three months of at least Rs. 100 crore. Exchanges must implement these changes and may not issue fresh month contracts for stocks exiting the F&O segment, though existing unexpired contracts may trade to expiry with new strikes allowed in current contract months.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Eligibility criteria for stock derivatives tightened, raising minimum order size and market-wide public limits and adding turnover requirement.
Admission criteria for stock derivatives are revised: minimum Median Quarter Sigma Order Size is raised to Rs. 10 lakh and minimum MWPL to Rs. 300 crore. Retention criteria are revised to require MQSOS of at least Rs. 5 lakh over six months, MWPL of at least Rs. 200 crore, and average monthly turnover in the derivatives segment over the last three months of at least Rs. 100 crore. Exchanges must implement these changes and may not issue fresh month contracts for stocks exiting the F&O segment, though existing unexpired contracts may trade to expiry with new strikes allowed in current contract months.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
