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BSE gets Sebi nod to introduce weekly F&O contracts on S&P BSE BANKEX

Press Trust of India  |  New Delhi 

The BSE Thursday said it has received markets regulator Sebi's approval to introduce weekly futures and options contracts on the BSE BANKEX.

The BSE will shortly introduce 7 weekly expiry futures and options contracts expiring on Thursday of the week, excluding the monthly expiry, the bourse said in a release.

"The lot size of the contracts on BANKEX shall be fixed in accordance with the provisions of Sebi," it said, adding that the lot size/multiplier for the contracts on the same underlying index shall remain the same.

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

First Published: Thu, January 10 2019. 22:50 IST