SEBI okays proposal for futures trading
Mumbai: Securities and Exchange Board of India (SEBI) on Wednesday cleared the Bombay and National Stock Exchange proposal to commence trading in individual stock futures contracts for 31 scrips, including ACC, HLL and Bajaj Auto.
SEBI board at its meeting held on November 1 had given a nod for trading in individual stock futures for scrips on which option contracts were being traded in the derivatives market, the capital market regulator said in a release here on Wednesday.
BSE and NSE exchanges had applied for the approval after the board's decision, it added.
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