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BSE allows F&O trading in RBL Bank, Nalco, 3 others

Press Trust of India  |  New Delhi 

Leading stock exchange will introduce futures and options contracts in five companies, including RBL and state-run Company (Nalco), from May 26.

Company, Kajaria Ceramics, and Ramco Cements are other companies in which futures and options trading has been allowed.

"Trading members are requested to note that futures and options contracts (F&O) for five underlying securities shall be available for trading in the equity derivatives segment with effect from May 26, 2017," the said in a circular today.

Yesterday, the (NSE) announced that it would allow F&O contracts in these five companies.

Equity derivative's value is at least partly derived from one or more underlying equity securities.

Options and futures are by far the most common equity derivative.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 13:07 IST