Yahoo News Nov 14, 2009 Bourses Get Flexibility To Settle F&O

67 %
33 %
Information about Yahoo News Nov 14, 2009 Bourses Get Flexibility To Settle F&O
Economy & Finance

Published on November 17, 2009

Author: Jagannadham

Source: slideshare.net

Description

"The move follows requests from other bourses which want to have a slice of the F&O business through launch of innovative products," SMC Capitals Equity Head Jagannadham Thunuguntla said.

Bourses get flexibility to settle F&O Press Trust of India Saturday, November 14, 2009 (Mumbai) Market regulator SEBI on Friday gave the stock exchanges flexibility to set the futures & options settlement day, instead of the current practice of the last Thursday of the month. Analysts said the move is an encouraging step for the bourses to come out with innovative timelines, which would provide flexibility to investors. "It has been decided to allow flexibility to the stock exchanges to set the expiry date/day for equity derivative contracts," the SEBI said in release on Saturday. The current practice is that open positions on futures and options of equities have to be settled on the last Thursday of the month. With SEBI's latest move, the stock exchanges can now fix the expiry date on any day of the month. The regulator has also asked the bourses to ensure that there is no change in the contract specifications or the risk management framework and the integrity of the market is not affected. The current size of the F&O market is about 10 times of the cash market and the National Stock Exchange, the pioneer in the segment in the country, enjoys virtual monopoly. "The move follows requests from other bourses which want to have a slice of the F&O business through launch of innovative products," SMC Capitals Equity Head Jagannadham Thunuguntla said. The Bombay Stock Exchange has been demanding the expiry date on the penultimate Thursday of the month and MCX-SX, too, has expressed interest for innovative timelines once it gets into the business, he said.

Add a comment

Related presentations

Rapport Bale III - le texte en français - Comité de Bâle sur le contrôle bancaire

La economía española tiene problemas de 1. productividad del trabajo y 2. de aprov...

El presente trabajo realizará un análisis comparativo del sector de bienes de equi...

- Η προβληματική κατάσταση της ευρωζώνης - ABS -αγορά “τιτλοποιημένων απαιτήσεων...

This presentation gives a short and simple description of the Ponzi Scheme and the...

Neste artigo, analisa-se a estratégia política econômica adotada pelo novo gove...

Related pages

F: Summary for Ford Motor Company Common Stock- Yahoo! Finance

View the basic F stock chart on Yahoo! Finance. Change the date range, chart type and compare Ford Motor Company Common Stock against other companies.
Read more

BOLSAA.MX: Summary for BOLSA MEXICANA-A- Yahoo! Finance

Bolsa Mexicana de Valores SAB de CV (BOLSAA.MX) ... Mexico bourse names Ruiz Sacristan as new president of boardReuters ... 2009 Yahoo! All rights reserved
Read more

Aqib Talib - Yahoo Sports – Sports News, Scores, Rumors ...

... news and notes on Aqib Talib of the Denver Broncos. ... Seattle: Tix Yahoo Calendar: Career Stats. ... 14 teams get compensatory picks.
Read more

MLB on Yahoo! Sports - News, Scores, Standings, Rumors ...

Comprehensive Major League Baseball news, scores, standings, ... Yahoo Sports MLB columnist. ... Seattle: 41: 47.466: 6.5: Oakland: 41: 50.451: 8.0: East ...
Read more

Get Showtimes | Yahoo Movies

News; Sports; Finance; Weather; Games; Answers; ... Seattle, WA, 98105-9.14 mi. A Hard Day. 15 1 hour 50 minutes. ... Brought to you by Yahoo Movies ...
Read more

Google Inc: NASDAQ:GOOGL quotes & news - Google Finance

Get detailed financial information on Google Inc (NASDAQ:GOOGL) including real-time stock quotes, historical charts & financial news, ... Yahoo Finance;
Read more

US Top News and Analysis - Stock Markets, Business News ...

Top News & Analysis. featured Market minefield with Fed, earnings. By: Patti Domm. Friday, 24 Jul 2015 | 6:12 PM ET. The Fed meets next week, but a ...
Read more

Yahoo Search - Web Search

Search; News; Sports; Finance; Weather; Games; Answers; Screen; Flickr; Mobile; More. Politics; Celebrity; Movies; ... Try Yahoo Search on Firefox ...
Read more

Geocities closed in 2009. - Yahoo Small Business: Web ...

News; Sports; Finance; Weather; Games; Answers; ... Geocities closed in 2009. But there’s so much more to see at Yahoo.
Read more

Welcome to Facebook - Log In, Sign Up or Learn More

See photos and updates from friends in News Feed. Share what's new in your life on your Timeline. Find more of what you're looking for with Graph Search.
Read more