FUTURES AND OPTIONS SEGMENT Circular No. 029

Transcription

1 FUTURES AND OPTIONS SEGMENT Circular No. 029 Date: Mar 31, 2010 Download No: Sub: Revision of Market Lot 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 13 2 Revised Downwards but new lot size is not a multiple of old lot size Count of Underlying Revised Upwards 59 4 Unchanged 07 - Effective date April 30, 2010 (for all contracts) April 30, 2010 (for July 2010 & later expiries) April 30, 2010 (for July 2010 & later expiries) Annexure Number To avoid operational complexities, in case 2 & 3 above, following will be applicable: fotrade@nse.co.in No of Pages: 6 1. Only the far month contract i.e. July 2010 expiry contracts will be revised for market lots. Contracts with maturity of May 2010 and June 2010 would continue to have the existing market lots. All subsequent contracts (i.e., July 2010 expiry and beyond) will have revised market lots. 2. The day spread order book will not be available for the combination contract of June 2010 July 2010 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 March This circular shall come into effect from April 30, For and on behalf of National Stock Exchange of India Limited Suprabhat Lala Asst. Vice President

2 Annexure-1 List of underlying in which market lot is being revised downwards: S.No Underlying Symbol Market Lot Revised Market lot 1 ABB LTD. ABB BHARAT FORGE LTD BHARATFORG BHUSHAN STEEL LIMITED BHUSANSTL GREAT OFFSHORE LTD GTOFFSHORE HINDUSTAN ZINC LIMITED HINDZINC IVRCL INFRAST & PROJ LTD. IVRCLINFRA JINDAL SAW LIMITED JINDALSAW PATEL ENGINEERING LTD. PATELENG PIRAMAL HEALTHCARE LTD PIRHEALTH SESA GOA LTD SESAGOA SUN TV NETWORK LIMITED SUNTV TATA CONSULTANCY SERV LT TCS TULIP TELECOM LIMITED TULIP 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 Market Lot Revised Market lot 1 ABAN OFFSHORE LTD. ABAN ADITYA BIRLA NUVO LIMITED ABIRLANUVO ACC LIMITED ACC ALLAHABAD BANK ALBK AMBUJA CEMENTS LTD AMBUJACEM ANDHRA BANK ANDHRABANK ALSTOM PROJECTS INDIA LTD APIL ASHOK LEYLAND LTD ASHOKLEY ASIAN PAINTS LIMITED ASIANPAINT AUROBINDO PHARMA LTD AUROPHARMA AXIS BANK LIMITED AXISBANK BAJAJ AUTO LIMITED BAJAJ-AUTO BANK OF BARODA BANKBARODA BHARAT ELECTRONICS LTD BEL BEML LIMITED BEML BHEL BHEL BIOCON LIMITED. BIOCON

3 18 BHARAT PETROLEUM CORP LT BPCL BOMBAY RAYON FASHIONS LTD BRFL CAIRN INDIA LIMITED CAIRN CANARA BANK CANBK CENTURY TEXTILES LTD CENTURYTEX CESC LTD CESC CHENNAI PETROLEUM CORP LT CHENNPETRO CIPLA LTD CIPLA COLGATE PALMOLIVE LTD. COLPAL CROMPTON GREAVES LTD CROMPGREAV CUMMINS INDIA LTD CUMMINSIND DABUR INDIA LTD DABUR DECCAN CHRONICLE HOLD LTD DCHL DENA BANK DENABANK DIVI'S LABORATORIES LTD DIVISLAB DR. REDDY'S LABORATORIES DRREDDY FIRSTSOURCE SOLU. LTD. FSL GAIL (INDIA) LTD GAIL THE GE SHPG.LTD GESHIP GLAXOSMITHKLINE PHARMA LT GLAXO GRASIM INDUSTRIES LTD GRASIM GUJARAT STATE PETRO LTD GSPL GTL LTD GTL HINDUSTAN CONSTRUCTION CO HCC HCL TECHNOLOGIES LTD HCLTECH HDFC LTD HDFC HDFC BANK LTD HDFCBANK HERO HONDA MOTORS LTD HEROHONDA HINDALCO INDUSTRIES LTD HINDALCO ICICI BANK LTD. ICICIBANK IDBI BANK LIMITED IDBI INFRA. DEV. FIN. CO. LTD IDFC IFCI LTD IFCI INDIA INFOLINE LIMITED INDIAINFO INDIAN BANK INDIANB INFOSYS TECHNOLOGIES LTD INFOSYSTCH INDIAN OIL CORP LTD IOC ISPAT INDUSTRIES LIMITED ISPATIND ITC LTD ITC JINDAL STEEL & POWER LTD JINDALSTEL JSW STEEL LIMITED JSWSTEEL KINGFISHER AIRLINES LTD KFA KOTAK MAHINDRA BANK LTD KOTAKBANK K S OILS LIMITED KSOILS LIC HOUSING FINANCE LTD LICHSGFIN

4 63 LANCO INFRATECH LTD. LITL LARSEN & TOUBRO LTD. LT LUPIN LIMITED LUPIN MAHINDRA & MAHINDRA LTD M&M MERCATOR LINES LIMITED MLL MPHASIS LIMITED MPHASIS MRPL MRPL NOIDA TOLL BRIDGE CO LTD NOIDATOLL NTPC LTD NTPC ORACLE FIN SERV SOFT LTD. OFSS OPTO CIRCUITS (I) LTD. OPTOCIRCUI ORCHID CHEM & PHARMA LTD ORCHIDCHEM ORIENTAL BANK OF COMMERCE ORIENTBANK PATNI COMPUTER SYST LTD PATNI PETRONET LNG LIMITED PETRONET POWER FIN CORP LTD. PFC PUNJAB NATIONAL BANK PNB POLARIS SOFTWARE LAB LTD POLARIS PTC INDIA LIMITED PTC RANBAXY LABS LTD RANBAXY RURAL ELEC CORP. LTD. RECLTD RELIANCE INDUSTRIES LTD RELIANCE RELIANCE INFRASTRUCTU LTD RELINFRA SHREE RENUKA SUGARS LTD RENUKA STEEL AUTHORITY OF INDIA SAIL STATE BANK OF INDIA SBIN SHIPPING CORP OF INDIA LT SCI SIEMENS LTD SIEMENS SINTEX INDUSTRIES LTD SINTEX STERLITE INDS (IND) LTD STER STERLING BIOTECH LTD STERLINBIO SUN PHARMACEUTICALS IND. SUNPHARMA TATA CHEMICALS LTD TATACHEM TATA MOTORS LIMITED TATAMOTORS TATA STEEL LIMITED TATASTEEL TATA TEA LTD TATATEA TECH MAHINDRA LIMITED TECHM TITAN INDUSTRIES LTD TITAN TRIVENI ENGG. & INDS. LTD TRIVENI TATA TELESERV(MAHARASTRA) TTML UCO BANK UCOBANK ULTRATECH CEMENT LIMITED ULTRACEMCO UNION BANK OF INDIA UNIONBANK UNITECH LTD UNITECH VOLTAS LTD VOLTAS

5 108 WELSPUN GUJ ST. RO. LTD. WELGUJ WIPRO LTD WIPRO YES BANK LIMITED YESBANK ZEE ENTERTAINMENT ENT LTD ZEEL Annexure-3 List of underlying in which market lot is being revised upwards: S.No Underlying Symbol Market Lot Revised Market lot 1 ADANI ENTERPRISES LIMITED ADANIENT APOLLO TYRES LTD APOLLOTYRE AREVA T&D INDIA LIMITED AREVAT&D BAJAJ HINDUSTAN LTD BAJAJHIND BALRAMPUR CHINI MILLS LTD BALRAMCHIN BANK OF INDIA BANKINDIA BGR ENERGY SYSTEMS LTD BGRENERGY BHARTI AIRTEL LIMITED BHARTIARTL BOSCH LIMITED BOSCHLTD CHAMBAL FERTILIZERS LTD CHAMBLFERT DISH TV INDIA LTD. DISHTV DLF LIMITED DLF EDUCOMP SOLUTIONS LTD EDUCOMP ESSAR OIL LTD ESSAROIL FEDERAL BANK LTD FEDERALBNK FINANCIAL TECHNO (I) LTD FINANTECH FORTIS HEALTHCARE LTD FORTIS GMR INFRASTRUCTURE LTD. GMRINFRA GODREJ INDUSTRIES LTD GODREJIND GTL INFRA.LTD GTLINFRA GVK POW. & INFRA LTD. GVKPIL HOUSING DEV & INFRA LTD HDIL HINDUSTAN PETROLEUM CORP HINDPETRO HOTEL LEELA VENTURES LTD HOTELEELA INDIABULLS REAL EST. LTD IBREALEST ICSA (INDIA) LIMITED ICSA IDEA CELLULAR LIMITED IDEA THE INDIAN HOTELS CO. LTD INDHOTEL THE INDIA CEMENTS LIMITED INDIACEM INDIAN OVERSEAS BANK IOB JAIPRAKASH ASSOCIATES LTD JPASSOCIAT JAIPRAKASH POWER VEN. LTD JPPOWER MARUTI SUZUKI INDIA LTD. MARUTI MCLEOD RUSSEL INDIA LTD. MCLEODRUSS

6 35 MOSER-BAER (I) LTD MOSERBAER MAHANAGAR TELEPHONE NIGAM MTNL MUNDRA PORT & SEZ LTD MUNDRAPORT NAGARJUNA FERT & CHEM LTD NAGARFERT NATIONAL ALUMINIUM CO LTD NATIONALUM NEYVELI LIGNITE CORPORATI NEYVELILIG OIL AND NATURAL GAS CORP. ONGC ONMOBILE GLOBAL LTD. ONMOBILE PANTALOON RETAIL (I) LTD PANTALOONR POWER GRID CORP. LTD. POWERGRID PRAJ INDUSTRIES LTD PRAJIND PUNJ LLOYD LIMITED PUNJLLOYD RELIANCE COMMUNICATIONS L RCOM RELIANCE CAPITAL LTD RELCAPITAL RELIANCE MEDIAWORKS LTD RELMEDIA REL. NAT. RESOURCES LTD. RNRL ROLTA INDIA LTD ROLTA SUZLON ENERGY LIMITED SUZLON SYNDICATE BANK SYNDIBANK TATA COMMUNICATIONS LTD TATACOMM TATA POWER CO LTD TATAPOWER TV18 INDIA LIMITED TV UNITED PHOSPHORUS LIMITED UNIPHOS VIDEOCON INDUSTRIES LIMIT VIDEOIND VIJAYA BANK VIJAYABANK Annexure-4 List of underlying in which market lot is unchanged: S.No Underlying Symbol Market Lot 1 CONTAINER CORP OF IND LTD CONCOR EVEREST KANTO CYLINDERLTD EKC HINDUSTAN UNILEVER LTD. HINDUNILVR JAIN IRRIGATION SYSTEMS JISLJALEQS UNITED SPIRITS LIMITED MCDOWELL-N NAGARJUNA CONSTRN. CO. LT NAGARCONST RELIANCE POWER LTD. RPOWER 2000