Minimum contract size for Exchange traded derivative contracts

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.... / Corporation. Dear Sir, Sub: Minimum contract size for Exchange traded derivative contracts. This circular is being issued in exercise of powers conferred by section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with section 10 of the Securities Contracts(regulation) Act 1956, to protect the interests of investors in securities and to promote the development of, a....

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....racts have far exceeded the stipulated value of Rs. 2 Lakhs. In case of some derivative contracts, due to a fall in the price of the underlying stock; the contract size/value has fallen below Rs. 2 Lakhs. It has therefore been decided that the lot size/multiplier shall be reduced for contracts with value exceeding Rs. 2 Lakhs. It has also been decided that the lot size/multiplier shall be increase....