Published 13:44 IST, November 29th 2024
BSE Derivatives Expiry Changed - Check New Days, List Of F&O Contracts
Quarterly and semi-annual Sensex contracts will also move from a Friday expiration to the last Tuesday of the respective expiration month.
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Derivative Expiry Revised: On November 28, BSE announced that it would revise the expiration schedule for derivatives contracts linked to the Sensex, Bankex, and Sensex 50 indices, effective 1 January 2025.
The weekly Sensex derivative contracts, which currently expire on Fridays, will now expire on Tuesdays. The same change applies to monthly contracts for the benchmark index.
For the Bankex index, monthly contracts will now expire on the last Tuesday of the month, replacing the current Monday expiration. Similarly, the Sensex 50 index's monthly contracts will shift from expiring on the last Thursday of the month to the last Tuesday.
Quarterly and semi-annual Sensex contracts will also move from a Friday expiration to the last Tuesday of the respective expiration month.
These changes follow BSE’s recent discontinuation of weekly index derivatives for Sensex 50 and Bankex to comply with updated regulations.
BSE Expiry Circular: Updated BSE Derivative Expiry Schedule
Contract period | Index | Existing Expiry Day | Revised Expiry Day |
Weekly Contracts | SENSEX | Friday of every week | Tuesday of every week |
Monthly Contracts | SENSEX | Last Friday of the expiry month | Last Tuesday of the expiry month |
BANKEX | Last Monday of the expiry month | ||
SENSEX 50 | Last Thursday of the expiry month | ||
Quarterly & Semi-annually Contracts | SENSEX | Last Friday of the expiry month | Last Tuesday of the expiry month |
BSE Expiry Change: Why are NSE , BSE making changes in F&O segment
The latest change in BSE derivatives expiry comes on the backdrop of several initiatives by SEBI , wherein the market regulator is taking steps to curb high F&O trading volume among retail investors. A recent report by SEBI had noted that over 90 per cent of retail investors lose money in trading futures and options. The SEBI study had said that retail investors lost Rs 1.8 lakh crore between FY 2022-24.
Updated 14:15 IST, November 29th 2024