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CIRCULAR
Circular No.: NSE/F&O/042/2009
Download No. NSE/FAOP/12491
Dear Members,
Subject: Revision of Market Lot of Derivative Contracts
Exchange reviews on a periodic basis the contract size/value of derivative contracts based on
prescribed minimum value of INR 200,000 as per SEBI circular no. SEBI/DNPD/CIR-
20/2004/02/23 dated February 23, 2004. It is proposed to carry out revision of market lots for
derivatives contract as given below:
To avoid operational complexities, in case 3 & 4 above, only the far month contract i.e.
September 2009 expiry contracts will be revised for market lots. Contracts with maturity of
July 2009 and August 2009 would continue to have the existing market lots. All subsequent
contracts (i.e., September 2009 expiry and beyond) will have revised market lots.
For any clarifications, members are advised to contact the following officials:
Mr. Sachin Dhar and Mr. Janardhan Gujaran at 26598151 or 26598152
Yours faithfully,
For National Stock Exchange of India Ltd.
Suprabhat Lala
Assistant Vice President
Annexure-1
Annexure-2
Annexure-3
List of underlying in which market lot is being revised downwards and rounded off to
nearest even integer:
Annexure-4