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| NOTICES |
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| Notice No. |
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20230208-3 |
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Notice Date |
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08 Feb 2023 |
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| Category |
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Trading |
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Segment |
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Currency Derivatives |
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| Subject |
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Change in strike price interval and minimum number of strikes of USDINR Options contract |
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| Content |
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Trading Members are requested to note that there will be following changes in the contract specification of USDINR currency options contract with effect from March 6, 2023.
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Parameter
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Existing
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Revised
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Strike Price Intervals
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INR 0.25
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INR 0.10
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No. of Strike Price
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Minimum 12 In-the -money, 12 Out- the- money and 1 Near-the-money. (25CE and 25 PE)
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Minimum 30 In-the -money, 30 Out- the- money and 1 Near-the-money. (61CE and 61PE)
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Trading Members may note that all existing strike price in multiples of Rs. 0.25 or 25 paise will continue to be available for trading till their respective expiries.
All other parameters of existing contract specification of USDINR currency options contract will remain unchanged.
Further Trading Members may note that the USDINR currency options contract with revised strike price intervals and no. of strikes as mentioned above are available in simulation environment for testing, trading member are requested to test the same. The updated contract master files shall be available on BSE website at the following link - https://www.bseindia.com/nta.aspx >> Test Environment Information and Important Files.
For any clarifications, Trading Members are advised to contact their respective Relationship Managers.
For and on behalf of BSE Ltd,
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Ketan Jantre
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Sameer Vaze
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Sr.GM- Trading Operations
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AGM- Trading Operations
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