Latest news with #equityderivatives
Bloomberg
5 days ago
- Business
- Bloomberg
Top Indian Exchange's Valuation Jumps 60% With IPO Looming
Growing hopes for a listing of the world's biggest equity-derivatives bourse have pushed the valuation of the National Stock Exchange of India Ltd. to $58 billion in private markets, according to people involved in recent transactions. Wealthy investors and institutions anticipating an initial public offering as early this year have been buying the unlisted shares aggressively, two of the people said, asking not to be identified as the deals are private. With demand far outstripping supply, the stock has changed hands for as much as 2,000 rupees ($23) recently. Its valuation had already doubled in just four months to as much as $36 billion in September.
Zawya
5 days ago
- Business
- Zawya
India limits equity derivatives expiries to Tuesdays and Thursdays: IFR
India's market regulator said expiries of all equity derivatives contracts will be limited to Tuesdays or Thursdays to protect investor interests and promote market stability. Spacing out expiry days through the week reduces concentration risk and provides exchanges an opportunity to offer product differentiation to market participants, the Securities and Exchange Board of India said in a statement on Monday. Additionally, "too many expiry days has the potential to revive expiry day hyperactivity which could jeopardize investor protection and market stability," the regulator said. The change is effective June 15. Sebi in March launched a consultation for this proposal after the National Stock Exchange proposed changing its expiry day to Monday, a day before BSE's. Currently, NSE offers expiries on Thursdays. Exchanges will need to seek prior Sebi approval to modify the settlement day of their derivatives contracts, the regulator said.
Yahoo
6 days ago
- Business
- Yahoo
India limits derivatives expiry days to Tuesday or Thursday
BENGALURU (Reuters) -India's markets regulator said that expiries of all equity derivatives contracts will be limited to either Tuesdays or Thursdays from next month, to enhance investor protection and market stability. The Securities and Exchange Board of India (SEBI) said in a statement on Monday that spacing out of expiry days through the week reduces risk and enables stock exchanges to offer product differentiation. SEBI said that "too many expiry days has the potential to revive expiry day hyperactivity which could jeopardize investor protection and market stability." The change will come into effect on June 15. In October, SEBI reduced the number of weekly options contracts available for investors to trade to one benchmark index per exchange, among other measures to curb a frenzy in derivatives trading. Since then, while exchanges have restricted their weekly contract expiries to one, they have been trying to offer contracts expiring on different days of the week, going against the regulator's objective of reducing opportunities for retail investors to speculate on such contracts. SEBI said on Monday that exchanges will have to seek its approval for modifying the settlement day of derivatives contracts. At present, India's largest exchange National Stock Exchange (NSE) offers expiries on Thursdays, while competitor BSE Ltd offers them on Tuesdays. NSE, in March, put on hold a proposed change of Nifty expiry days from Thursday to Monday from April 5, 2025. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
6 days ago
- Business
- Reuters
India limits derivatives expiry days to Tuesday or Thursday
BENGALURU, May 26 (Reuters) - India's markets regulator said that expiries of all equity derivatives contracts will be limited to either Tuesdays or Thursdays from next month, to enhance investor protection and market stability. The Securities and Exchange Board of India (SEBI) said in a statement on Monday that spacing out of expiry days through the week reduces risk and enables stock exchanges to offer product differentiation. SEBI said that "too many expiry days has the potential to revive expiry day hyperactivity which could jeopardize investor protection and market stability." The change will come into effect on June 15. In October, SEBI reduced the number of weekly options contracts available for investors to trade to one benchmark index per exchange, among other measures to curb a frenzy in derivatives trading. Since then, while exchanges have restricted their weekly contract expiries to one, they have been trying to offer contracts expiring on different days of the week, going against the regulator's objective of reducing opportunities for retail investors to speculate on such contracts. SEBI said on Monday that exchanges will have to seek its approval for modifying the settlement day of derivatives contracts. At present, India's largest exchange National Stock Exchange (NSE) offers expiries on Thursdays, while competitor BSE Ltd offers them on Tuesdays. NSE, in March, put on hold a proposed change of Nifty expiry days from Thursday to Monday from April 5, 2025.
Yahoo
6 days ago
- Business
- Yahoo
India limits derivatives expiry days to Tuesday or Thursday
BENGALURU (Reuters) -India's markets regulator said that expiries of all equity derivatives contracts will be limited to either Tuesdays or Thursdays from next month, to enhance investor protection and market stability. The Securities and Exchange Board of India (SEBI) said in a statement on Monday that spacing out of expiry days through the week reduces risk and enables stock exchanges to offer product differentiation. SEBI said that "too many expiry days has the potential to revive expiry day hyperactivity which could jeopardize investor protection and market stability." The change will come into effect on June 15. In October, SEBI reduced the number of weekly options contracts available for investors to trade to one benchmark index per exchange, among other measures to curb a frenzy in derivatives trading. Since then, while exchanges have restricted their weekly contract expiries to one, they have been trying to offer contracts expiring on different days of the week, going against the regulator's objective of reducing opportunities for retail investors to speculate on such contracts. SEBI said on Monday that exchanges will have to seek its approval for modifying the settlement day of derivatives contracts. At present, India's largest exchange National Stock Exchange (NSE) offers expiries on Thursdays, while competitor BSE Ltd offers them on Tuesdays. NSE, in March, put on hold a proposed change of Nifty expiry days from Thursday to Monday from April 5, 2025.
