Contract Specifications
INDEX FUTURES
PARAMETERS BSE SENSEX FUTURES BSE BANKEX FUTURES
UNDERLYING BSE SENSEX BSE BANKEX
ASSET CODE BSX BKX
LOT SIZE 10 15
TICK SIZE Rs. 0.05 Rs. 0.05
CONTRACT PERIOD 7 Serial Weekly, 3 Serial monthly 7 Serial Weekly, 3 Serial monthly
TRADING HOURS 09:15 AM to 03.30 PM 09:15 AM to 03.30 PM
LAST TRADING / EXPIRATION DAY Last Friday of each contract maturity month.
(Friday of the week for weekly contracts)
Weekly contracts - Friday Expiry
Last Monday of each contract maturity month.
(Monday of the week for weekly contracts)
Weekly contracts - Monday Expiry
FINAL SETTLEMENT Cash Settlement based on the closing price of the underlying index on the day of expiry Cash Settlement based on the closing price of the underlying index on the day of expiry
     
INDEX OPTIONS
PARAMETERS BSE SENSEX OPTIONS BSE BANKEX OPTIONS
UNDERLYING BSE SENSEX BSE BANKEX
ASSET CODE BSX BKX
LOT SIZE 10 15
TICK SIZE Rs. 0.05 Rs. 0.05
CONTRACT PERIOD 7 Serial Weekly, 3 monthly, 3 quarterly and 8 Semi-annually contracts 7 Serial Weekly, 3 monthly
PREMIUM QUOTATION In Rs. per index value In Rs. per index value
TRADING HOURS 09:15 AM to 03.30 PM 09:15 AM to 03.30 PM
EXERCISE TYPE European Style European Style
MINIMUM NUMBER OF STRIKES Shall have a minimum of 61 strikes (30 in-the-money,1 At-the-money, 30 out-of-the-money) Shall have a minimum of 61 strikes (30 in-the-money,1 At-the-money, 30 out-of-the-money)
STRIKE PRICE INTERVALS 100 Index Points 100 Index Points
LAST TRADING /EXPIRATION DAY Last Friday of each contract maturity month.
(Friday of the week for weekly contracts)
Last Monday of each contract maturity month.
(Monday of the week for weekly contracts)
FINAL SETTLEMENT Cash Settlement based on the closing price of the underlying index on the day of expiry Cash Settlement based on the closing price of the underlying index on the day of expiry


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Contract Specification for Index Futures contracts

Security Symbol  
Underlying Click here for details
Contract Multiplier
Contract Period 1,2,3 Month and weekly
Tick Size

Rs 0.05

Trading Hours 9 .15 a.m to 3.30 p.m
Last Trading/Expiration Day For BSE SENSEX - Last Friday of each contract maturity month. (Friday of the week for weekly contracts)
For BSE BANKEX - Last Monday of each contract maturity month. (Monday of the week for weekly contracts)

For BSE SENSEX50-Last Thursday of each contract maturity month. (Thursday of the week for weekly contracts)

Note:
A. Business day is a day during which the underlying stock market is open for trading
B.If expiry day is a holiday, then the immediately preceding business day
Final Settlement Cash Settlement. On the last trading day, the closing value of the underlying index would be the final settlement price of the expiring futures contract.



Contract Specifications for Single Stock futures Contracts

Security Symbol  
Underlying Click here for details
Contract Multiplier
Contract Period 1,2,3 Month ,Weekly
Tick Size Rs.0.05
Trading Hours 9 .15 a.m to 3.30 p.m
Last Trading/Expiration Day Last Thursday of each contract maturity month.(Thursday of the week for weekly contracts)

Note:
A. Business day is a day during which the underlying stock market is open for trading.
B. If expiry day is a holiday, then the immediately preceding business day.
Final Settlement Delivery Settlement. On the last trading day, the closing value of the underlying stock is the final settlement price of the expiring futures contract



Contract Specification for Index Options contracts (Weekly, Monthly & Long Dated Options )

Security Symbol  
Underlying Click here for details
Contract Multiplier
Contract Period 1,2 & 3 Months, Weekly, Long dated (only BSE SENSEX)
Exercise Style European
Tick Size Rs. 0.05
Settlement Style Cash
Premium quotation In index points
Strike Price Intervals Shall have a minimum of 3 strikes (1 in-the-money, 1 near-the-money, 1 out-of-the-money).
Last Trading/Expiration Day For BSE SENSEX - Last Friday of each contract maturity month. (Friday of the week for weekly contracts)
For BSE BANKEX - Last Monday of each contract maturity month. (Monday of the week for weekly contracts)

For BSE SENSEX50-Last Thursday of each contract maturity month. (Thursday of the week for weekly contracts).

Note:
A. Business day is a day during which the underlying stock market is open for trading
B.If expiry day is a holiday, then the immediately preceding business day
Trading Hours 9.15 a.m to 3.30 p.m



Contract Specification for Stock Options contracts (Weekly & Monthly Options)

Security Symbol  
Underlying Click here for details
Contract Multiplier
Contract Period 1,2 & 3 Months, Weekly
Exercise Style European
Tick Size Rs. 0.05
Settlement Style Delivery Settled.
Premium quotation Rs per share
Strike Price Intervals Shall have a minimum of 3 strikes (1 in-the-money, 1 near-the-money, 1 out-of-the-money).
Last Trading/Expiration Day Last Thursday of each contract maturity month.(Thursday of the week for weekly contracts)

Note:
A. Business day is a day during which the underlying stock market is open for trading.
B.If expiry day is a holiday, then the immediately preceding business day.
Trading Hours 9.15 a.m to 3.30 p.m