Exclusion of futures and options contracts in 5 w.e.f: 25.11.2011

NSE Circular regarding_Exclusion of  FAO contracts : GITANJALI, GTOFFSHORE ,JINDALSWHL,KFA & KSOILS w.e.f:25.11.2011 is summarised.

Sr. No Security Symbol
 1  Gitanjali Gems Limited  GITANJALI
 2  Great Offshore Limited  GTOFFSHORE
 3  Jindal South West Holdings Limited  JINDALSWHL
 4  Kingfisher Airlines Limited  KFA
 5  K S Oils Limited  KSOILS

However, the existing unexpired contracts of expiry month December 2011 and January 2012 would continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months.

NSE circulars regarding Exclusion of futures and options contracts in 2 Securities–DCHL & EKC

NSE circulars regarding Exclusion of futures and options contracts in 2 Securities

Sr No Symbol Security
1 DCHL Deccan Chronicle Holdings Limited
2 EKC Everest Kanto Cylinder Limited

Contracts for new expiry months in the following securities will not be issued on expiry of existing contract months.

This circular shall be effective from January 27, 2012.

However, the existing unexpired contracts of expiry months January 2012, February 2012 and March 2012 would continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months.

Exclusion of futures and options contracts in 4 securities

Members are advised to note that based on the stock selection/exclusion criteria as prescribed by SEBI vide circular SEBI/DNPD/7/2010/ dated December 31, 2010 and NSE circular No 045/2011 dated May 3, 2011, contracts for new expiry months in the following securities will not be issued on expiry of existing contract months

S.No

Symbol

Security

1

3I Infotech Limited

3IINFOTECH

2

Hotel Leela Ventures Limited

HOTELEELA

3

Neyveli Lignite Corporation Limited

NEYVELILIG

4

Tulip Telecom Limited

TULIP

However, the existing unexpired contracts of expiry month December 2011, January 2012 and February 2012 would continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months.
This circular shall be effective from December 30, 2011.

NSE FAO Circular regarding European Style Stock Options

In pursuance of SEBI circular no. CIR/DNPD/6/2010 dated October 27, 2010 regarding European Style Stock Options, circular no. 120 (Download no. 16165) dated October 28, 2010 regarding European Style Stock Options and in partial modification to consolidated circular no.1136 (Download no. 16104) dated October 25, 2010 you are informed that all Stock Options contracts expiring on January 27, 2011 and onwards shall have European exercise style only.

Accordingly there shall be no interim exercise available for all Stock Options contracts expiring on January 27, 2011 and onwards and all the in-the-money Stock Options contracts shall get automatically exercised on the expiry day.

All existing month Stock Options contracts expiring on November 25, 2010 and December 30,2010 shall continue to have American exercise style.

NSE FAO Circular: Revision of Market Lot of Derivative Contracts on Individual Stocks

NSE FAO Circular regarding Revision of Market Lot of Derivative Contracts on Individual Stocks.,is summarised herewith for your ready reference and perusal.

Symbol Present Mkt Lot Lot size as per the above circular New Revised Market Lot Remarks
BAJAJ-AUTO 250 125 250 Same as present lot
MUNDRAPORT 2500 500 2000 W.e.f. October 29, 2010 (for January 2011 and later expiries)
BHUSANSTL 625 250 500 W.e.f. October 29,2010 (for January 2011 and later expiries)