https://www.taxtmi.com/circulars?id=58622 Introduction of index options with tenure up to five years is permitted on recognised exchanges provided there are eight semi annual June/December contracts in sequence to three serial monthly contracts and three quarterly contracts of the March/June/September/December cycle, and the exchange has an appropriate risk management framework for such derivative contracts. en-us Tue, 04 May 2010 00:00:00 +0530 Mon, 24 Dec 2018 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58622 Introduction of index options with tenure up to five years is permitted on recognised exchanges provided there are eight semi annual June/December contracts in sequence to three serial monthly contracts and three quarterly contracts of the March/June/September/December cycle, and the exchange has an appropriate risk management framework for such derivative contracts. Circulars SEBI Tue, 04 May 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58622