Revision of Eligibility Criteria for Stocks in Derivatives Segment

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....lar is issued in partial modification of Master Circular on Exchange Traded Derivatives CIR/DNPD/1/2012 dated January 2, 2012. 2. In order to improve market integrity, it has been decided, in consultation with Stock Exchanges, to tighten the eligibility and exit criteria for stocks in derivatives segment as given hereunder. Eligibility criteria for stocks in derivatives segment 3. At pres....

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....ed, namely " Rs. 300 crore". Exit criteria for stocks in derivatives segment 7. At present, minimum MWPL requirement for a stock to be retained in derivatives segment is Rs. 60 crore. It has been decided to revise this minimum MWPL requirement to Rs. 200 crore. At present, minimum MQSOS requirement for a stock to be retained in derivatives segment is Rs. 2 Lakh. It has been decided to rev....

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....t over last three months shall not be less than Rs. 100 crores" 9. Rest of the stipulations regarding eligibility and exit criteria for single stock derivatives will remain as it is. 10. Exchanges are directed to take necessary action to give effect to this circular. No fresh month contract shall be issued on stocks that may exit the F&O segment, however, the existing unexpired contracts may....