The National Stock Exchange (NSE) has moved up the launch date for options contracts related to WTI crude oil and natural gas futures in the commodity derivatives segment. Originally scheduled for October 16, the exchange will now introduce these options contracts on October 9.
Starting from October 9, the NSE will offer options contracts for November, December, and January for WTI crude oil, as well as November and December contracts for natural gas.
Trading of these contracts will be available from Monday through Friday, with trading hours set between 9:00 am to 11:30 pm or 11:55 pm, depending on US daylight saving time.
Regarding allowable open positions, for individual clients in the case of WTI contracts, the limit will be either 9,60,000 barrels or 5 percent of the market-wide open position, whichever is higher. For a member collectively representing all clients, the limit will be 96,00,000 barrels or 20 percent of the market-wide open position.
For natural gas, individual clients will have a limit of 120,00,000 MMBtu or 5 percent of the market-wide open position, while for a member collectively for all clients, the limit will be 12,00,00,000 MMBtu or 20 percent of the market-wide open position.
For inquiries related to risk management, clearing, and settlement, members are advised to contact NSE Clearing Limited.
Valiant Laboratories IPO GMP
Starting from October 9, the NSE will offer options contracts for November, December, and January for WTI crude oil, as well as November and December contracts for natural gas.
Trading of these contracts will be available from Monday through Friday, with trading hours set between 9:00 am to 11:30 pm or 11:55 pm, depending on US daylight saving time.
Regarding allowable open positions, for individual clients in the case of WTI contracts, the limit will be either 9,60,000 barrels or 5 percent of the market-wide open position, whichever is higher. For a member collectively representing all clients, the limit will be 96,00,000 barrels or 20 percent of the market-wide open position.
For natural gas, individual clients will have a limit of 120,00,000 MMBtu or 5 percent of the market-wide open position, while for a member collectively for all clients, the limit will be 12,00,00,000 MMBtu or 20 percent of the market-wide open position.
For inquiries related to risk management, clearing, and settlement, members are advised to contact NSE Clearing Limited.
Valiant Laboratories IPO GMP
