BSE adds 135 stocks to equity derivatives segment
09 Jun 2011
The Bombay Stock Exchange Ltd (BSE) today announced the introduction of 135 additional stocks for trading in its equity derivatives segment. This follows an approval to the effect from market regulator SEBI.
BSE would be introducing 135 additional eligible scrips to its existing list of 84 scrips in BSE equity derivatives segment, having expiry in August 2011 and onwards.
Futures and options on stocks currently eligible on all stock exchanges would, therefore, be available for trading on BSE. These would be available for trading from August 2011 contracts and onwards and all these instruments would be settled through physical delivery, another initiative launched by BSE earlier this year, according to a statement by the exchange in Mumbai.
The move follows a recent SEBI circular that allows exchanges to implement Liquidity Enhancement Schemes (LES) for equity derivatives. According to analysts, along with other innovations like Smart Order Routing (SOR), these initiatives would provide a fillip to BSE's F&O segment.
"As of today, we are introducing 135 additional eligible scrips to our existing list of 84 scrips in BSE Equity Derivatives segment, having expiry in August 2011 and onwards," BSE's MD & CEO Madhu Kannan said in a statement in Mumbai.