National Stock Exchange to extend trading hours for F&O


Mumbai: Reports are rife that the National Stock Exchange (NSE) is set to extend trading hours for equity derivatives such as futures and options (F&O).

NSE is working on extending the trading hours from 6:00 pm to 11:00 pm. Market participants can participate in futures and options trading after regular trading hours of 9:15 am to 3:30 pm. Of course some sections are saying that NSE is going to extend trading hours till 11:30 pm.

NSE is thinking of enabling Indian traders to trade through these additional trading hours in the fast changing trend along with global events. Exchanges are expecting their trading volumes to increase through these extended hours as major traders shift to rivals such as Gift City where trading is taking place around the clock.

The proposal to extend these trading hours has been submitted to the capital markets regulator Securities and Exchange Board of India (SEBI). SEBI has already formulated rules to allow exchanges to continue F&O trading till 11:30 pm and trading in stocks till 7:00 pm.

NSE had plans to extend trading hours from the beginning of this year and is likely to introduce these trading hours in different products in a phased manner. NSE is likely to start with the first Index Futures and Options Nifty and Bank Nifty.

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