# Derivatives contracts to expire on Tuesdays or Thursdays
**URL:** https://tradingqna.com/t/derivatives-contracts-to-expire-on-tuesdays-or-thursdays/182664
**Category:** Circulars
**Created:** [May 26, 2025, 2:07pm UTC](https://tradingqna.com/t/derivatives-contracts-to-expire-on-tuesdays-or-thursdays/182664 "2025-05-26T14:07:06Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Meher\_Smaran](https://tradingqna.com/u/Meher_Smaran)
#### Post date: [May 26, 2025, 2:07pm UTC](https://tradingqna.com/t/derivatives-contracts-to-expire-on-tuesdays-or-thursdays/182664/1 "2025-05-26T14:07:06Z")
Based on feedback received following [SEBI’s consultation paper issued in March](https://tradingqna.com/t/sebis-proposal-to-restrict-expiry-days-of-derivatives-contracts-to-tuesdays-or-thursdays/180682), SEBI has now released a circular finalizing that stock exchanges can set their weekly expiry days **only on either Tuesday or Thursday**.
Here are the key highlights of the circular:
- SEBI has finalized rules to streamline the expiry (settlement) days of equity derivatives to improve market stability and protect investors.
- All stock exchanges can now set expiries **only on Tuesday or Thursday** —no other days allowed.
- Each exchange can continue offering **one weekly benchmark index options contract** on their selected expiry day.
* * *
All other equity derivatives (like futures, non-benchmark index options/futures, and single stock options/futures) must:
> - Have **at least a 1-month duration**.
> - Expire in the **last week of the month** , on the chosen expiry day (last Tuesday or Thursday).
> - Exchanges must now take **prior SEBI approval** if they wish to change their current expiry day.
> - Exchanges must send their compliance proposals to SEBI by **June 15, 2025**.
Link to the full SEBI circular:
> **[SEBI | Final Settlement Day (Expiry Day) for Equity Derivatives Contracts](https://www.sebi.gov.in/legal/circulars/may-2025/final-settlement-day-expiry-day-for-equity-derivatives-contracts_94189.html)**
>
> Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto
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### Author:  [@dcd](https://tradingqna.com/u/dcd)
#### Post date: [May 26, 2025, 2:55pm UTC](https://tradingqna.com/t/derivatives-contracts-to-expire-on-tuesdays-or-thursdays/182664/2 "2025-05-26T14:55:52Z")
My oh my… now NSE will choose Tuesdays and BSE will grudgingly have to choose Thursdays, as it will be anyway better than to have a clashing Tuesday where BSE volumes would be just wiped out.
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### Author:  [@Arpan](https://tradingqna.com/u/Arpan)
#### Post date: [May 26, 2025, 5:34pm UTC](https://tradingqna.com/t/derivatives-contracts-to-expire-on-tuesdays-or-thursdays/182664/3 "2025-05-26T17:34:08Z")
Has SEBI given NSE the upper hand to choose @Meher_Smaran , link shared is not opening
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### Author:  [@Meher\_Smaran](https://tradingqna.com/u/Meher_Smaran)
#### Post date: [May 27, 2025, 3:05am UTC](https://tradingqna.com/t/derivatives-contracts-to-expire-on-tuesdays-or-thursdays/182664/4 "2025-05-27T03:05:46Z")
> [@Arpan](#):
>
> Has SEBI given NSE the upper hand to choose
I personally don’t think so. We will have to wait and watch till June month end probably.
> **[SEBI | Final Settlement Day (Expiry Day) for Equity Derivatives Contracts](https://www.sebi.gov.in/legal/circulars/may-2025/final-settlement-day-expiry-day-for-equity-derivatives-contracts_94189.html)**
>
> Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto