Introduction of new fno contracts – 27 Dec 2013

Introduction of New FnO Contracts on   APOLLOHOSP & M&MFIN from 27 Dec 13

New Futures-Options contracts will be Introduced on National Stock Exchange of India wef 27 Dec 2013.  NSE has got approval from SEBI to introduce new F&O contracts on the individual securities of APOLLO HOSPITALS ENTERPRISE LIMITED and MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED.

The above new inclusions in derivative segment of NSE are vide Download Reference  Number NSE/FAOP/25277 Dated December 16, 2013  and Circular Reference Number 094/2013 dated 16 Dec 2013.

 

Market lot of the above two securities namely  APOLLO HOSPITALS ENTERPRISE LIMITED (NSE Symbol: APOLLOHOSP) and  MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED (NSE Symbol: M&MFIN) will be notified on 26 Dec 2013 (One day prior to introduction of New Contracts).

New fno contracts in GlenMark, GSKCons and UBL from 03 Oct 13

Introduction of new fno contracts in equity derivative segment of National Stock Exchange of India will be effective from 03 Oct 2013. New futures and options contracts introduced are

1)  GLENMARK PHARMACEUTICALS LIMITED

2)  GLAXOSMITHKLINE CONSUMER HEALTHCARE LIMITED

3)  UNITED BREWERIES LIMITED

NSE has intimated about the introduction of these new securities is through its circular Download Reference No NSE/FAOP/24582 on 27 Sep 2013. More details like strike prices, interval of strikes in options and lot sizes of glenmark, gsksmithkline and UBL is intimated to all members vide another circular NSE/FAOP/24625  (Circular Reference No 077/2013) on 01 October 2013.

This introduction of  new fno contracts (Inclusion of new securities in fno segments) is based on thethe stock selection criteria as prescribed by SEBI vide master circular No CIR/MRD/DRMNP/11/2013 dated April 01, 2013 and approval received from SEBI.

Inclusion of 3 new contracts in fno segment – Lot Sizes

Name of the Security Symbol Lot Size
GLENMARK PHARMACEUTICALS LIMITED GLENMARK 500
GLAXOSMITHKLINE CONSUMER HEALTHCARE LIMITED GSKCONS 125
UNITED BREWERIES LIMITED UBL 250

The above mentioned securities shall follow the revised scheme of strikes as mentioned in the circular Ref. No. 22901 dated March 07, 2013 for all options contracts , as given below:

Symbol Applicable Step Value No. of Strikes Provided ITM – ATM – OTM No of additional strikes which may be enabled intraday
GLENMARK 20 6-1-6 6
GSKCONS 50 10-1-10 10
UBL 50 5-1-5 5

All these new contracts will be available for trading in futures and options segments of National Stock Exchange of India from 03 Oct 2013