Standardized lot size for derivative contracts on individual securities

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... UB: Standardized lot size for derivative contracts on individual securities In consultation with Stock Exchanges, it has been decided to standardize the lot size for derivative contracts on individual securities as under: Price Band (Rs.) Contract Size Lot Size (No. of units of underlying) Value (Rs. lakh) ≥1601 125 ≥ 2 801 - 1600 250 ≥ 2 ≤ 4 401 - 800 500 201 - 400 1,0 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ame for an underlying traded across Exchanges. 4. This Circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and shall come .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X