NSE to include Jet Airways, 3 others in F&O segment on Jan 1

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Press Trust of India Mumbai
Last Updated : Dec 30 2015 | 9:07 PM IST
Leading bourse National Stock Exchange (NSE) will introduce four companies, including Jet Airways and Godrej Consumer Products, in the future and option segment from Friday.
Besides, Container Corporation and Torrent Pharma would also be the part of the derivative segment.
Futures and options contracts on these four additional securities would be available for trading with effect from January 1, NSE said in a circular.
At present, there are over 200 securities available in the F&O segment for trade.
For inclusion in the derivatives segment, the stock's market wide position limit (MWPL), which is the total number of contracts a trader may have active at one time for a given underlying, should be Rs 300 crore among other criteria.
Besides, minimum order requirement for a stock to be eligible for introduction in the derivatives segment should be Rs 10 lakh.
In November, the exchange launched F&O contracts in Wockhardt, Amtek Auto, Bosch, Indiabulls Housing Finance, Engineers India Ltd and Strides Arcolab.
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First Published: Dec 30 2015 | 9:07 PM IST

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