Entries Categorized as 'Futures'

NSE changes Lot Sizes for F&O, Finally

Date April 7, 2010

After SEBI standardised lot sizes, the National Stock Exchange has not acted to change the lot sizes, resulting in the unhappy situation of my not being able to take on a Tata Motors contract because it violates my position size limits. (Tata Motors is…

Are Futures Simply Better?

Date March 31, 2010

I’ve been railing about the cash volumes in the market recently. With volumes reaching 12,000 cr. – lesser than most of 2007 – and as I recently tweeted, less than the daily volume of one share, Apple, in the US market. Our market has obviously s…

EURO-INR, JPY-INR, Pound-INR contracts in India

Date January 19, 2010

SEBI has allowed trading of additional currency contracts apart from the currently traded USD-INR contracts. We’ll soon be able to trade the Euro, the Japanese Yen and the UK Pound (see Zip file) with the Indian Rupee. The contract specs are – 100…

SEBI Standardizes F&O Contract Lot Sizes

Date January 8, 2010

SEBI has now specified new lot size standards for all futures/options contracts: Price Band (Rs.) Contract Size Lot Size (No. of units of underlying) Value (Rs. lakh)…