Mumbai: The National Stock Exchange of India Limited (NSE) has issued a circular notifying its members about a change in the trading holiday and the expiry date and maturity date of contracts. The circular, numbered 105/2023 and dated June 27, 2023, highlights the modifications made in response to a notification from the Maharashtra general administration department.
According to the attached notification, the trading holiday originally scheduled for June 28, 2023, has been revised. The new trading holiday will now be observed on June 29, 2023, in light of Bakri ID (Id-Ul-Zuha). Members are advised to take note of this change and adjust their trading plans accordingly.
In addition to the change in the trading holiday, the circular also outlines the revised expiry and maturity dates for contracts of June 2023. The instruments affected by this adjustment include FUTIDX (NIFTY, BANKNIFTY), FUTSTK, OPTIDX (ALL), and OPTSTK (ALL). The current maturity date of June 29, 2023, has been modified to June 28, 2023, in line with the revised trading holiday.
The settlement schedule for these contracts will be communicated separately by the respective clearing corporations. To ensure a smooth transition, members are strongly advised to download the updated contract.gz and spd_contract.gz files from the NSE extranet (path: faoftp/faocommon) before engaging in trading on June 28, 2023, and June 30, 2023. These files will reflect the aforementioned changes in the contract details.
Khushal Shah, Associate Vice President of the National Stock Exchange of India Limited, signed the circular on behalf of the organization. The NSE continues to prioritize effective communication with its members and endeavors to provide timely updates to ensure seamless operations within the stock exchange.
About the National Stock Exchange of India Limited:
The National Stock Exchange of India Limited (NSE) is the leading stock exchange in India, offering a wide range of products and services to investors and traders. With a strong focus on technology and innovation, the NSE plays a pivotal role in shaping India's financial markets. It is committed to facilitating transparent, efficient, and secure trading for the benefit of its members and market participants.
