Market lots of derivatives contracts on Indices
Stock Derivatives Contracts
Revised Downwards but new lot size is not a multiple of old lot size
Only the far month contract i.e. November 2015 expiry contracts will be revised for market lots. Contracts with maturity of September 2015 and October 2015 would continue to have the existing market lots. All subsequent contracts (i.e. November 2015 expiry and beyond) will have revised market lots.
The day spread order book will not be available for the combination contract of October 2015 – November 2015 expiry.
For the purpose of the computation, the average of the closing price of the underlying has been taken for one month period of July 8th – August 7th 2015.
This circular shall come into effect from August 28, 2015.