CONTRACT SPECIFICATIONS FOR STOCK FUTURES: Trading day in stock futures commenced on the NSE from November, 2001. These contracts are cash settled on trading day basis. The expiration cycle for Stock Futures is the same as for index futures, index options…
CONTRACT SPECIFICATION FOR INDEX OPTIONS On NSEs Index Options market, contracts at different strikes, having one month, two month and three month expiry cycles are available for trading. There are typically one month, two month and three month options, each…
DETAILED CONTRACT SPECIFICATIONS FOR INDEX FUTURES TRADING ON THE NSEl-S&P CNX NIFTY FUTURES Underlying Index : S&PCNX Nifty. Exchange of Trading : National Stock Exchange of India Limited. Security Descriptor : NFUTIDX NIFTY. Contract Size : Permitted lot size shall…
FUTURES AND OPTIONS MARKET INSTRUMENTS The Futures and Options segment of NSE provides trading facilities for the following derivative instruments. INDEX BASED FUTURES INDEX BASED OPTIONS INDIVIDUAL STOCK OPTIONS INDIVIDUAL STOCK FUTURES CONTRACT SPECIFICATIONS FOR INDEX FUTURES NSE trades Nifty,…
PLACING ORDERS ON THE TRADING SYSTEM For both the futures and the options market, while entering orders on the trading system, members are required to identify orders as being proprietary or client orders. Proprietary orders should be identified as ‘pro’…
INQUIRY WINDOW The inquiry window enables the user to view information such as Market by Price (MBP), Previous Trades (PT), Outstanding Orders (00), Activity Log (AL), Snap Quote (SQ), Order Status (OS), Market Movement (MM), Market Inquiry (MI), Net position,…
THE TRADER WORKSTATION MARKET WATCH WINDOW: The following windows are displayed on the Trader Workstation Screen. TITLE BAR TICKER WINDOW OF FUTURES & OPTIONS MARKET TICKER WINDOW OF UNDERLYING (CAPITAL) MARKET TOOL BAR MARKET WATCH WINDOW INQUIRY WINDOW SNAP QUOTE ORDER/TRADE…
ORDER TYPES AND CONDITIONS: The system allows the trading members to enter orders with various conditions attached to them as per their requirements. These conditions are broadly divided into the following categories: TIME CONDITIONS. PRICE CONDITIONS. OTHER CONDITIONS. Several combinations…
CLIENT BROKER RELATIONSHIP IN DERIVATIVE SEGMENT. A trading member must ensure compliance particularly with relation to the following while dealing with clients: Filing of “Know Your Client” form. Execution of Client Broker Agreement. Bring risk factors to the knowledge of…
Below given cases explain activities possible for specific user categories: CLEARING MEMBER CORPORATE MANAGER: He can view outstanding orders, previous trades and net position of his client trading members by putting the TM ID., (Trading member identification) and leaving the…