How to exit NIFTY Index options at BSE ? Is it possible?

[Prince_18]

is it possible if i’ve position in nifty option and nse is down can i exit my position at BSE if so then how? One panelist on zee business claim that it is possibe. So please clarify. @nithin

[siva]

@Prince_18

is it possible if i’ve position in nifty option and nse is down can i exit my position at BSE if so then how? One panelist on zee business claim that it is possibe.

I am not sure what he said or what you got but it is not possible. Also orders were going through, only issue with feeds.

[VenuMadhav]

@Prince_18

is it possible if i’ve position in nifty option and nse is down can i exit my position at BSE if so then how? One panelist on zee business claim that it is possibe. So please clarify. @nithin

What you’re referring to is the ‘Interoperability’ feature, explained in detail here.

You can’t square off your position in BSE because the contract ‘Nifty Futures’ doesn’t trade on BSE. This is possible with Stock derivative contracts.