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NOTICES
Notice No.   20241128-70   Notice Date   28 Nov 2024
Category   Trading   Segment   Derivatives
Subject   Change in expiry day of Index derivatives contracts in Equity Derivatives Segment
 
Content

 Trading members are hereby informed to note the following revision in expiry day of SENSEX, BANKEX and SENSEX50 index derivatives contracts with effect from January 1, 2025.

Contract period

Index

Existing Expiry Day

Revised Expiry Day

(For all existing / new contracts expiring after January 3, 2025)

 

 

 

 

 

Weekly Contracts

 

SENSEX

 

 

Friday of every week

 

Tuesday of every week

 

 

 

Monthly Contracts

SENSEX

Last Friday of the expiry month

 

 

Last Tuesday of the expiry month

BANKEX

Last Monday of the expiry month

SENSEX 50

Last Thursday of the expiry month

 

Quarterly & Semi-annually Contracts

 

SENSEX

 

Last Friday of the expiry month

 

Last Tuesday of the expiry month

 

      1  The expiry date for existing index futures and options contracts will be revised as mentioned in above table on end of day of December 31, 2024.

    2  The expiry day of all existing derivatives contracts on SENSEX, BANKEX & SENSEX 50 expiring after January 3, 2025, will be revised to Tuesday.

-          There will be no change in existing weekly derivatives contract of Sensex expiring on January 03, 2025.

      3  New Index derivatives contracts generated after January 01, 2025, will have expiry day as Tuesday.

    4  The illustration of weekly and monthly expiry contracts with Tuesday as expiry day will be as per below table for contracts expiring in January 2025. Similar revision will be done in all forthcoming expiries thereafter.

 

Index

Contract period

Existing Expiry Date *

Revised Expiry Date *

SENSEX

Weekly

January 10, 2025

January 7, 2025 (Tuesday)

Monthly

January 31, 2025

January 28, 2025 (Tuesday)

BANKEX

Monthly

January 27, 2025

January 28, 2025 (Tuesday)

SENSEX 50

Monthly

January 30, 2025

January 28, 2025 (Tuesday)

*If expiry day is a trading holiday, then previous working day.

Trading Members are requested to note that there is no change in other aspects of the contract specifications in the above-mentioned contracts except expiry day.

The details of the above-mentioned derivative contracts shall be available in derivatives contract master file generated at the end of day on December 31, 2024.

 

For & On behalf of BSE Ltd,

 

 

Ketan Jantre

Sameer Vaze

Head – Trading Operations

DGM – Trading Operations