NSE allows F&O trading to RBL, Kajaria, and three other cos
By Nikita Singh |
5/19/2017 11:43 AM Friday
National Stock Exchange informed through a circular issued today, May 19, 2017, that the top exchange will enable the futures and options contracts trading of 5 additional securities from Friday, May 26, 2017.
According to the approval received from SEBI, the five companies allowed for the F&O trading includes RBL Bank, Hindustan Construction Company, Kajaria Ceramics, National Aluminium Company and the Ramco Cements.
The top exchange also said that the details on market lot, scheme of strikes and quantity freeze limit will notified to the members on May 25, 2017, through another circular.
Equity derivatives are the type of derivatives with their value partly derived from one or more underlying equity securities. While, the options and futures equity derivatives form the most popular equity derivatives out of the lot.
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