hi, anyone know how n on what basis lot size of fno is decided by exch?
like if stock x trading at within price range 100-200 has lot size of 50 - any link to nse spec document?
e.g zyduslife stock is at 218 rs, n has fno lot size of 900. what criteria is used for this?
thx
As per SEBI mandate, the contract value for F&O contracts should be within 5 lakhs to 10 lakhs. The lot sizes are fixed based on this and are reviewed every 6 months, during review, if the contract size is over 10 lakhs, then it will be reduced, and if it is less than 5 lakhs, the lot size will be increased.
The contract value is calculated as follows (Price * Lot Size for futures and Strike Price + Price * Lot size). For ZYDUSLIFE, the contract value is around Rs. 8.70 lakhs.
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are stock futures’ contract values going to 15L as well?
No, the lot size for stock futures and options contracts will remain the same. Changes are applicable only for index futures and options.
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