NSE to choose on Tuesday for the weekly exile

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Each stock exchange can launch one weekly expiry agreement on Tuesday or Thursday, according to Monday round round round round round day of capital derivatives.

“Now, when the circular has been released, NSE would like to transfer his clever weekly expiry options on Tuesday from Thursday,” said a developmental person. “The request for this effect was submitted to the regulator.”

If NSE moves the weekly expiry of cool options for Tuesday, it can have a big impact on BSE, unless it moves its own expiry to Thursday.

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BSE had previously moved the weekly expiry of Sensex on Tuesday from Friday to attract more grip to the contract. This change was made in January this year after Sebi directed the stock exchanges to offer only one weekly options agreement – and not many weekly expirations – to limit the retail madness on the time of expiry.

Queries sent to NSE regarding the proposed change on the day of the weekly expiry, and BSE on a possible strategy remained unanswered until the press.

During the exacerbation of the weekly expiration standards, Sebi allowed exchanges to choose one day for all its weekly, monthly, quarterly and semi -annual expiry options for the expiry of the contract.

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NSE planned to transfer all its option to expire to Monday from April 4. But in anticipation of the Sebi regulatory circular, they maintained the status quo, keeping the expiry of weekly options on Thursday.

Now, when a circular was finally released, it is expected that NSE will formally ask Sebi to transfer his validity to Tuesday. On Monday, post was sent to Sebi, and the formal letter to change is to be sent to Sebi on Tuesday, said the person cited above.

The conscious person of the BSE position said that the stock exchange would “discuss” the problem with the regulator if the NSE “really” decides to change its gastron.

Actions listed by BSE can react on Tuesday, because as part of the preserved expiration date, every Tuesday, Tom BSE is distributed within three days-process, Monday and Tuesday. It will compress up to two days, if BSE goes by Thursday, in this case he will see that the volume was spread only on Wednesday and Thursday.

While the transition to Thursday can reduce BSE volumes in favor of NSE, on Tuesday, NSE can increase their market share in index options by about 5%, said the person cited earlier, citing the NSE to SEBI to change validity.

Whether the regulator approves the NSE shift is a questionable matter.

The share of NSE capital options (index and shares) based on premium trade, decreased to 87.4% in FY25 from 96.9% in the financial year24, and BSE captured the rest through Sensex options.

The SEBI circulator also specifies that all other capital derivatives-in this index index, uneven indexes and uneven index indexes and futures/single-pass options-have at least one month and expire last week, in the last week of the month, in the stock exchange.

It also requires that stock exchanges must turn to Sebi’s previous consent before changing the day of expiry in the future. The stock exchanges were asked to submit the proposed SEBI expiry day until June 15, 2025, and with the corporate settlement, implement the necessary changes in their systems and regulations to accept new frames.