Minimum contract size for Exchange traded derivative contracts

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 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, and to regulate the securities market. This is in refer....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 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 ₹ 2 Lakhs. It has therefore been decided that the lot size/multiplier shall be reduced for contracts with value exceeding ₹ 2 Lakhs. It has also been decided that the lot size/multiplier shall be increased for contracts with value less than ₹ ....