The National Stock Exchange (NSE) has decided to exclude the Satyam Computer from equity derivatives segment and thus no fresh contracts will be introduced for the expiry month April 2009. All existing contracts i.e. contracts with expiry dates February 26, 2009 and March 26, 2009 will expire on January 29, 2009.
Accordingly, no futures and options contracts will be available in the underlying for trading from January 30, 2009 onwards. The methodology for position adjustments shall be separately intimated by the National Securities Clearing Corporation Limited (NSCCL). The security will continue to be available for trading in the capital market segment.
Satyam Computer has open interest (OI) of 23.44 million shares in January futures, 1.66 million shares in February series and 163,200 shares in March series. The OI in call options in January series is aggregated to 13.31 million shares while put OI in the same series is aggregated to 1.71 million shares.
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