FUTURES AND OPTIONS SEGMENT Circular No To avoid operational complexities, in case 2 & 3 above, following will be applicable:

Transcription

1 FUTURES AND OPTIONS SEGMENT Circular No. 106 Date: Sep 30, 2010 Download No: Sub: Revision of of Derivative Contracts on Individual Stocks SEBI has advised exchange to standardize lot size for derivative contracts on individual securities once in every 6 months as per circular no. SEBI/DNPD/Cir- 50/2010 dated January 8, In pursuance to the revised methodology mentioned in the SEBI circular, it is proposed to carry out revision of market lot for derivatives contracts as follows: Dipesh Sahoo Altaf Shaikh Sachin Dhar Sr No Underlying whose Derivative contract size shall be 1 Revised Downwards 31 2 Revised Downwards but new lot size is not a multiple of old lot size 3 Revised Upwards 11 Count of Underlying 4 Unchanged Effective date October 29, 2010 (for all contracts) October 29, 2010 (for January 2011 & later expiries) October 29, 2010 (for January 2011 & later expiries) Annexure Number To avoid operational complexities, in case 2 & 3 above, following will be applicable: fotrade@nse.co.in No of Pages: 7 1. Only the far month contract i.e. January 2011 expiry contracts will be revised for market lots. Contracts with maturity of November 2010 and December 2010 would continue to have the existing market lots. All subsequent contracts (i.e., January 2011 expiry and beyond) will have revised market lots. 2. The day spread order book will not be available for the combination contract of December 2010 January 2011 expiry. For the purpose of the computation, the average of the closing price of the underlying has been taken for last one month period of September This circular shall come into effect from October 29, For and on behalf of National Stock Exchange of India Limited Suprabhat Lala Vice President

2 Annexure-1 List of underlying in which market lot is being revised downwards: S. No Underlying Symbol Revised 1 ALLAHABAD BANK ALBK BAJAJ AUTO LIMITED BAJAJ-AUTO BANK OF BARODA BANKBARODA BANK OF INDIA BANKINDIA BGR ENERGY SYSTEMS LTD BGRENERGY CESC LTD CESC COLGATE PALMOLIVE LTD. COLPAL DABUR INDIA LTD DABUR DENA BANK DENABANK DISH TV INDIA LTD. DISHTV GODREJ INDUSTRIES LTD GODREJIND GUJARAT STATE PETRO LTD GSPL HCL TECHNOLOGIES LTD HCLTECH HINDUSTAN PETROLEUM CORP HINDPETRO HOTEL LEELA VENTURES LTD HOTELEELA THE INDIAN HOTELS CO. LTD INDHOTEL INDIAN BANK INDIANB INDIAN OVERSEAS BANK IOB INDIAN OIL CORP LTD IOC KOTAK MAHINDRA BANK LTD KOTAKBANK MUNDRA PORT & SEZ LTD MUNDRAPORT NATIONAL ALUMINIUM CO LTD NATIONALUM ORIENTAL BANK OF COMMERCE ORIENTBANK PETRONET LNG LIMITED PETRONET SYNDICATE BANK SYNDIBANK TATA CHEMICALS LTD TATACHEM TATA MOTORS LIMITED TATAMOTORS TATA CONSULTANCY SERV LT TCS UCO BANK UCOBANK VIJAYA BANK VIJAYABANK VOLTAS LTD VOLTAS

3 Annexure-2 List of underlying in which market lot is being revised downwards but new lot size is not a multiple of old lot size: S. No Underlying Symbol Revised 1 BHUSHAN STEEL LIMITED BHUSANSTL HDFC LTD HDFC ISPAT INDUSTRIES LIMITED ISPATIND LUPIN LIMITED LUPIN TATA GLOBAL BEVERAGES LTD TATAGLOBAL WIPRO LTD WIPRO Annexure-3 List of underlying in which market lot is being revised upwards: S.No Underlying Symbol Revised 1 GREAT OFFSHORE LTD GTOFFSHORE IVRCL INFRAST & PROJ LTD. IVRCLINFRA K S OILS LIMITED KSOILS MAHINDRA & MAHINDRA LTD M&M PATEL ENGINEERING LTD. PATELENG SHREE RENUKA SUGARS LTD RENUKA REL. NAT. RESOURCES LTD. RNRL SESA GOA LTD SESAGOA STERLITE INDS (IND) LTD STER TECH MAHINDRA LIMITED TECHM TULIP TELECOM LIMITED TULIP Annexure-4 List of underlying in which market lot is unchanged: S.No Underlying Symbol 1 ABAN OFFSHORE LTD. ABAN ABB LTD. ABB ABG SHIPYARD LTD ABGSHIP ADITYA BIRLA NUVO LIMITED ABIRLANUVO ACC LIMITED ACC 250

4 6 ADANI ENTERPRISES LIMITED ADANIENT ADANI POWER LTD ADANIPOWER AMBUJA CEMENTS LTD AMBUJACEM ANDHRA BANK ANDHRABANK ALSTOM PROJECTS INDIA LTD APIL APOLLO TYRES LTD APOLLOTYRE AREVA T&D INDIA LIMITED AREVAT&D ASHOK LEYLAND LTD ASHOKLEY ASIAN PAINTS LIMITED ASIANPAINT AUROBINDO PHARMA LTD AUROPHARMA AXIS BANK LIMITED AXISBANK BAJAJ HINDUSTAN LTD BAJAJHIND BALRAMPUR CHINI MILLS LTD BALRAMCHIN BHARAT ELECTRONICS LTD BEL BEML LIMITED BEML BHARAT FORGE LTD BHARATFORG BHARTI AIRTEL LIMITED BHARTIARTL BHEL BHEL BIOCON LIMITED. BIOCON BOSCH LIMITED BOSCHLTD BHARAT PETROLEUM CORP LT BPCL BOMBAY RAYON FASHIONS LTD BRFL CAIRN INDIA LIMITED CAIRN CANARA BANK CANBK CENTURY TEXTILES LTD CENTURYTEX CHAMBAL FERTILIZERS LTD CHAMBLFERT CHENNAI PETROLEUM CORP LT CHENNPETRO CIPLA LTD CIPLA CONTAINER CORP OF IND LTD CONCOR CORE PROJ. & TECH. LTD. COREPROTEC CROMPTON GREAVES LTD CROMPGREAV CUMMINS INDIA LTD CUMMINSIND DECCAN CHRONICLE HOLD LTD DCHL DIVI'S LABORATORIES LTD DIVISLAB DLF LIMITED DLF DR. REDDY'S LABORATORIES DRREDDY EDUCOMP SOLUTIONS LTD EDUCOMP EVEREST KANTO CYLINDERLTD EKC ESSAR OIL LTD ESSAROIL EXIDE INDUSTRIES LTD EXIDEIND FEDERAL BANK LTD FEDERALBNK FINANCIAL TECHNO (I) LTD FINANTECH FORTIS HEALTHCARE LTD FORTIS FIRSTSOURCE SOLU. LTD. FSL GAIL (INDIA) LTD GAIL 500

5 51 THE GE SHPG.LTD GESHIP GLAXOSMITHKLINE PHARMA LT GLAXO GUJARAT MINERAL DEV CORP GMDCLTD GMR INFRASTRUCTURE LTD. GMRINFRA GRASIM INDUSTRIES LTD GRASIM GTL LTD GTL GTL INFRA.LTD GTLINFRA GVK POW. & INFRA LTD. GVKPIL HINDUSTAN CONSTRUCTION CO HCC HDFC BANK LTD HDFCBANK HOUSING DEV & INFRA LTD HDIL HERO HONDA MOTORS LTD HEROHONDA HEXAWARE TECHNOLOGIES LTD HEXAWARE HINDALCO INDUSTRIES LTD HINDALCO HINDUSTAN UNILEVER LTD. HINDUNILVR HINDUSTAN ZINC LIMITED HINDZINC INDIABULLS REAL EST. LTD IBREALEST ICICI BANK LTD. ICICIBANK IDBI BANK LIMITED IDBI IDEA CELLULAR LIMITED IDEA INFRA. DEV. FIN. CO. LTD IDFC IFCI LTD IFCI THE INDIA CEMENTS LIMITED INDIACEM INDIA INFOLINE LIMITED INDIAINFO INFOSYS TECHNOLOGIES LTD INFOSYSTCH ITC LTD ITC JINDAL SAW LIMITED JINDALSAW JINDAL STEEL & POWER LTD JINDALSTEL JINDAL SOUTHWEST HOLD LTD JINDALSWHL JAIN IRRIGATION SYSTEMS JISLJALEQS JAIPRAKASH ASSOCIATES LTD JPASSOCIAT JAIPRAKASH POWER VEN. LTD JPPOWER JSW STEEL LIMITED JSWSTEEL KINGFISHER AIRLINES LTD KFA LIC HOUSING FINANCE LTD LICHSGFIN LANCO INFRATECH LTD. LITL LARSEN & TOUBRO LTD. LT MARUTI SUZUKI INDIA LTD. MARUTI UNITED SPIRITS LIMITED MCDOWELL-N MCLEOD RUSSEL INDIA LTD. MCLEODRUSS MERCATOR LINES LIMITED MLL MOSER-BAER (I) LTD MOSERBAER MPHASIS LIMITED MPHASIS MRPL MRPL MAHANAGAR TELEPHONE NIGAM MTNL 4000

6 96 NAGARJUNA CONSTRN. CO. LT NAGARCONST NAGARJUNA FERT & CHEM LTD NAGARFERT NEYVELI LIGNITE CORPORATI NEYVELILIG NHPC LTD NHPC NTPC LTD NTPC ORACLE FIN SERV SOFT LTD. OFSS OIL AND NATURAL GAS CORP. ONGC ONMOBILE GLOBAL LTD. ONMOBILE OPTO CIRCUITS (I) LTD. OPTOCIRCUI ORBIT CORP. LTD. ORBITCORP ORCHID CHEM & PHARMA LTD ORCHIDCHEM PANTALOON RETAIL (I) LTD PANTALOONR PATNI COMPUTER SYST LTD PATNI POWER FIN CORP LTD. PFC PIRAMAL HEALTHCARE LTD PIRHEALTH PUNJAB NATIONAL BANK PNB POLARIS SOFTWARE LAB LTD POLARIS POWER GRID CORP. LTD. POWERGRID PRAJ INDUSTRIES LTD PRAJIND PTC INDIA LIMITED PTC PUNJ LLOYD LIMITED PUNJLLOYD RANBAXY LABS LTD RANBAXY RELIANCE COMMUNICATIONS L RCOM RURAL ELEC CORP. LTD. RECLTD RELIANCE CAPITAL LTD RELCAPITAL RELIANCE INDUSTRIES LTD RELIANCE RELIANCE INFRASTRUCTU LTD RELINFRA RELIANCE MEDIAWORKS LTD RELMEDIA ROLTA INDIA LTD ROLTA RELIANCE POWER LTD. RPOWER RUCHI SOYA INDUSTRIES LTD RUCHISOYA STEEL AUTHORITY OF INDIA SAIL STATE BANK OF INDIA SBIN SHIPPING CORP OF INDIA LT SCI SIEMENS LTD SIEMENS SINTEX INDUSTRIES LTD SINTEX SOBHA DEVELOPERS LTD SOBHA SHRIRAM TRANSPORT FIN CO. SRTRANSFIN STERLING BIOTECH LTD STERLINBIO SUN PHARMACEUTICALS IND. SUNPHARMA SUN TV NETWORK LIMITED SUNTV SUZLON ENERGY LIMITED SUZLON TATA COMMUNICATIONS LTD TATACOMM TATA POWER CO LTD TATAPOWER TATA STEEL LIMITED TATASTEEL 500

7 141 TITAN INDUSTRIES LTD TITAN TRIVENI ENGG. & INDS. LTD TRIVENI TATA TELESERV(MAHARASTRA) TTML TV18 INDIA LIMITED TV ULTRATECH CEMENT LIMITED ULTRACEMCO UNION BANK OF INDIA UNIONBANK UNITED PHOSPHORUS LIMITED UNIPHOS UNITECH LTD UNITECH VIDEOCON INDUSTRIES LIMIT VIDEOIND WELSPUN CORP LIMITED WELCORP YES BANK LIMITED YESBANK 1000