Feb 11, 2019 08:18 AM IST | Market
Sebi issues eligibility criteria for physical settlement of stock derivatives
According to a circular, in addition to the existing schedule of stock derivatives, the derivatives on stock meeting the eligibility criteria specified by the regulator will also be physically settled from the new expiry cycle.
The stocks that qualify for physical settlement are the ones that witness an intra-day movement of 10 percent or above on ten or more occasions in the last six months or three or more occasions in the last one month.
Published Date: Feb 8th, 2019 11:56 PM | Updated Date: Feb 11, 2019 08:18 AM IST
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more