Trading Members are requested to refer to SEBI Circular SEBI/HO/MRD/TPD-1/P/CIR/2024/132 dated October 01,2024 regarding Measures to Strengthen Equity Index Derivatives Framework for Increased Investor Protection and Market Stability.
In view of the above-mentioned SEBI circular and guideline provided therein regarding weekly index derivatives products, trading members may kindly note the following –
· Weekly Index Derivatives contracts on SENSEX 50 will be discontinued with effect from November 14,2024 end of day. New weekly contracts will not be generated after the expiry of existing unexpired contracts. Existing unexpired contracts will continue till their respective expiry.
· Weekly Index Derivatives contracts on BANKEX will be discontinued with effect from November 18,2024 end of day. New weekly contracts will not be generated after the expiry of existing unexpired contracts. Existing unexpired contracts will continue till their respective expiry.
For Further clarification please contact BSE Helpdesk or your respective relationship managers. SEBI circular is attached as Annexure.
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For and on behalf of BSE Ltd.
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Ketan Jantre
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Sameer Vaze
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Head – Trading Operations
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DGM – Trading Operation
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