No matter NSE decides to maintain between Nifty/BNF ought to be made to run out each Thursday of the week, the one not choosen for weekly will expiry on the Tuesday of final week of the month.
Now the following most actively traded contract (~10% of common Each day premium turnover) after Nifty and BNF for NSE is FinNifty, this could expire on the Tuesday of the third week. After FinNifty comes Midcap nifty (~5% of common every day turnover) which ought to expire on the Tuesday of second week of the month and ultimately not too long ago launched NiftyNext50 ought to expire on the Tuesday of the primary week of the month.
This fashion, NSE ought to be capable of retain a superb variety of its merchants from switching over to BSE’s Sensex and extra importantly for us merchants it’ll be yet another expiry each week than what SEBI desires us to have.
It’s not vital for a Month-to-month derivatives contract to run out near the top of the month for it to be known as a ‘Month-to-month Contract’, for instance CrudeOil month-to-month contracts on MCX and CME expire round twentieth of the month.
eldorado:
It’s not vital for a Month-to-month derivatives contract to run out near the top of the month
Personally I dont thoughts that , however everybody is aware of Regulator’s intent. Such oversmart shenanigans from NSE might obtain a rap from Sebi – lets see what occurs.
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Higher NSE simply supplies BankNifty weekly expiry . Else SEBI chief Buch might butcher the system additional with stricter guidelines.
SEBI chief’s tenure ends in Feb 2025, so don’t assume the chief can do a lot about F&O any additional :))