This is in partial modification to the Exchange notice no. 20160113-2 dated January 13, 2016 regarding introduction of Price Reasonability Check (PRC) for Equity Derivatives Segment and applicable Price Reasonability Range (PRR).
Based on the feedback received from the market participants, it has been decided to revise applicable PRR for Stock Options and Index Options contracts as under:
A. PRR slabs for Stock Options & Index Options :-
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Order/close Price Range from (Start Range)
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Order/close Price Range To
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Proposed PRR Range in Rs./%age
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0.05
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10.00
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Rs. 1
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10.05
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20.00
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Rs. 2
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20.05
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50.00
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Rs. 5
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50.05
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100.00
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Rs. 10
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100.05
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200.00
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Rs. 20
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200.05
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500.00
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Rs. 40
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500 and above
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10%
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B. The Exchange may revise the applicable Price Reasonability Range depending on prevalent market conditions.
The above-mentioned changes shall be made live with effect from Monday, September 03, 2018.
In case of any queries or clarifications on the above-mentioned modifications, trading members may kindly contact their respective Relationship Manager.
For & on behalf of BSE Ltd.
Usha Sharma Umesh Hanjankar
Additional General Manager Assistant General Manager
Surveillance Surveillance
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