BSE Gets Sebi Nod to Introduce Weekly F&O Contracts on S&P BSE BANKEX

The BSE Thursday said it has received markets regulator Sebi's approval to introduce weekly futures and options contracts on the S&P BSE BANKEX.

New Delhi, Jan 10 (PTI) The BSE Thursday said it has received markets regulator Sebi's approval to introduce weekly futures and options contracts on the S&P BSE BANKEX.

The BSE will shortly introduce 7 weekly expiry futures and options contracts expiring on Thursday of the week, excluding the monthly expiry, the bourse said in a release.

"The lot size of the contracts on S&P BANKEX shall be fixed in accordance with the provisions of Sebi," it said, adding that the lot size/multiplier for the derivative contracts on the same underlying index shall remain the same.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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