NSE introduces 3 new stocks in F&O from First-January
NSE introduces 3 new stocks in F&O from First-January
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Three new stocks viz. Aarti Industries and Dr. Lal Path Labs and HDFC Asset Management Company will make a debut in Futures and Options (F&O) segment with effect from 1 January 2021, National Stock Exchange (NSE) said in a regulatory filing.

The bourse said  "The market lot, scheme of strikes and quantity freeze limit of the above-mentioned securities shall be informed to members on December 31, 2020 through a separate circular," The NSE added five stocks to the derivates market in the first half of 2020. SBI Life Insurance Company was the last addition in April in the F&O segment, which activated for trading with new contracts with effect from May 4 this year.

For stocks to be included in Futures and Options segment, SEBI had earlier said that the stock shall be selected from among the top 500 stocks in terms of average daily market capitalization and average daily traded value in the previous six months on a rolling basis. in addition, the stock’s median quarter-sigma order size over the last six months shall not be less than Rs25 lakh. Moreover, the stock’s median quarter sigma order size over the last six months shall be not less than Rs. 5 lakhs. The market-wide position limit (MWPL) in the stock shall not be less than Rs.100 crore.

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