SGX to launch Nifty options next week

The options contract of the most widely traded Indian index, the S&P CNX Nifty, will make its debut on the Singapore Stock Exchange (SGX) next week. While futures contracts of the Nifty index are traded on SGX and the Chicago Mercantile Exchange, Nifty options will be traded for the first time outside India from Monday.

On the National Stock Exchange, the derivative leader where the Nifty index is listed, its options generate an average daily volumes of 60,000 contracts with an open interest of Rs 1,25,000 crore. The share of stock and index options trading has witnessed a steady rise in the past couple of years and currently form 70 per cent of the total equity derivatives trading volumes in the country.

“The Nifty options add to SGX’s suite of Asian equity derivatives, which include SGX S&P CNX Nifty futures, the dominant Indian product for international participants,” said SGX in a release.

image
Business Standard
177 22
Business Standard

SGX to launch Nifty options next week

BS Reporter  |  Mumbai 

The options contract of the most widely traded Indian index, the S&P CNX Nifty, will make its debut on the Singapore Stock Exchange (SGX) next week. While futures contracts of the Nifty index are traded on SGX and the Chicago Mercantile Exchange, Nifty options will be traded for the first time outside India from Monday.

On the National Stock Exchange, the derivative leader where the Nifty index is listed, its options generate an average daily volumes of 60,000 contracts with an open interest of Rs 1,25,000 crore. The share of stock and index options trading has witnessed a steady rise in the past couple of years and currently form 70 per cent of the total equity derivatives trading volumes in the country.

“The Nifty options add to SGX’s suite of Asian equity derivatives, which include SGX S&P CNX Nifty futures, the dominant Indian product for international participants,” said SGX in a release.

RECOMMENDED FOR YOU

SGX to launch Nifty options next week

The options contract of the most widely traded Indian index, the S&P CNX Nifty, will make its debut on the Singapore Stock Exchange (SGX) next week. While futures contracts of the Nifty index are traded on SGX and the Chicago Mercantile Exchange, Nifty options will be traded for the first time outside India from Monday.

The options contract of the most widely traded Indian index, the S&P CNX Nifty, will make its debut on the Singapore Stock Exchange (SGX) next week. While futures contracts of the Nifty index are traded on SGX and the Chicago Mercantile Exchange, Nifty options will be traded for the first time outside India from Monday.

On the National Stock Exchange, the derivative leader where the Nifty index is listed, its options generate an average daily volumes of 60,000 contracts with an open interest of Rs 1,25,000 crore. The share of stock and index options trading has witnessed a steady rise in the past couple of years and currently form 70 per cent of the total equity derivatives trading volumes in the country.

“The Nifty options add to SGX’s suite of Asian equity derivatives, which include SGX S&P CNX Nifty futures, the dominant Indian product for international participants,” said SGX in a release.

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

Widgets Magazine

More News

STOCK WATCH

Company Price() Chg(%)
Sharda Cropchem 348.65 20.00
Rattanindia Pow. 11.17 14.10
Larsen & Toubro 1472.60 14.04
Lycos Internet 17.60 13.18
DCM Shriram 193.70 12.29
> More on BSE Gainers
Company Price() Chg(%)
Sharda Cropchem 348.45 19.99
Larsen & Toubro 1474.15 14.13
Rattanindia Pow. 11.15 13.78
DCM Shriram 193.10 12.23
Dynamatic Tech. 2285.85 8.69
> More on NSE Gainers
Company Price() Chg(%)
T.V. Today Netw. 308.55 -6.97
Cummins India 808.00 -6.19
JP Associates 5.63 -5.85
Piramal Enterp. 1348.05 -5.26
Vardhman Textile 870.00 -3.78
> More on BSE Gainers
Company Price() Chg(%)
T.V. Today Netw. 308.65 -7.03
JP Associates 5.60 -6.67
Cummins India 807.65 -6.29
Aditya Bir. Fas. 137.80 -6.03
Piramal Enterp. 1351.10 -5.07
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard