Ready to unleash your #Trading Potential? BSE's currency derivatives just got better with 10 paise strike price intervals, offering finer control and lower transaction charges!
@BSEIndia @tradeplusindia
#BSE#CurrencyDerivatives#TradingRevolution
On Friday, the S&P @BSEIndia Sensex in India reached its all-time high peak! An impressive 54.07 lakh contracts were traded, with a remarkable peak OI of 3.31 lakh contracts. The S&P BSE Sensex Weekly options will soon be available on AlgoBulls!
*Important Updates on BSE*
1. *Equity Cash Segment* -
*Effective March 01, 2023,* the tick size for scrips having monthly closing price below Rs.100 has been changed from Rs.0.05 (5 Paisa) to Rs 0.01 (1 Paise). For more details read the circular
https://t.co/eE5ifPRwFa
2. *Currency Derivatives Segment* -
*Effective March 06, 2023,* new strike intervals of INR 0.10 introduced for the market participants in USDINR Option Contracts. And effective May 02, 2023, strike interval of INR 0.10 and INR 0.25 both will co-exist for the market participants in USDINR Option Contracts. For more details read the circulars
https://t.co/bgQYw91NPn
https://t.co/MmAVk9gZV6
3. *Equity Derivatives Segment* -
*Effective May 15, 2023,* change in lot size from 15 to 10 of S&P BSE SENSEX contracts and from 20 to 15 of S&P BSE BANKEX contracts and change in expiry day of S&P BSE SENSEX & S&P BSE BANKEX from Thursday to Friday expiry in equity derivative segment. For more details read the circular
https://t.co/1BJ7rGJOOT
@BSEIndia
The newly introduced strike price intervals from 25 paise to 10 paise in BSE's USDINR options contracts was well received by market participants. @BSEIndia turnover in USDINR options contracts witnessed a growth of 34% compared to the previous week.
Basis market feedback, BSE is pleased to announce change in strike price interval in USDINR Currency Options Contracts from 0.25p to 0.10p, effective March 6, 2023.
This will give more strike choices in hands of end users/traders to mitigate price risk efficiently on expiry day.