The Exchange is pleased to inform all trading members that the Exchange proposes to launch a new product – Cash-Futures Spread (CFS) in its Futures & Options segment.
Highlights of Cash-Futures Spread (CFS) Product:
· The CFS product shall be offered on all underlying stocks on which futures & options instruments are available for trading in BSE F&O segment.
· The CFS instruments shall consist of 2 legs viz. one equity segment leg and 2nd leg shall be the futures instrument leg. Consequently, 3 new cash-futures spread instruments shall be available for trading at any time, corresponding to the current, near and far monthly futures instruments on that underlying asset.
· Using this product, trading members shall be able to enter cash and futures spread orders as one single order in any of the available CFS instruments.
· The CFS instruments shall be available for trading for members of BSE’s F&O segment.
Detailed product as well as contract specifications, its associated trading parameters and the exact date of launch of this product shall be communicated to all members via a separate circular very shortly.
For and on behalf of BSE Ltd.,
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Rajesh Saraf
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Tejash Somaiya
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General Manager
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Manager
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Trading Operations
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Trading Operations
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