Mumbai, 17 June (IANS). The National Stock Exchange (NSE) announced on Tuesday that it had approved the capital market regulator SEBI to shift the day of expiry of equity derivative contracts to Tuesday from Tuesday.
This step is part of the extensive effort to streamlin the expiry days in exchanges and reduce instability. The new expiry schedule will be applicable from September 1, 2025.
The Securities and Exchange Board of India (SEBI) has also approved the Bombay Stock Exchange (BSE) to shift to the expiry day from Tuesday to Thursday.
By BSE, SEBI was proposed to shift expiry from Tuesday to Thursday and SEBI has accepted the suggestion.
Both exchanges have issued new circulars regarding changes after SEBI’s instructions issued in May.
According to the circular issued by the NSE, the expiry of all existing contracts will continue on Thursday, except long -term index options, which can be reorganized as per the previous practice.
The new contracts which are ending on or before on 31 August, 2025 will also expire on Thursday. However, from September 1, 2025, the expiry will move on Tuesday and the monthly contracts will end on the last Tuesday of each month.
At the same time, the circular of BSE is also similar. All existing contracts will end under their current expiry. Where necessary long -term index options will be adjusted.
The BSE new contracts that are ending on or earlier on 31 August, 2025, will also expire on Tuesday itself. However, from September 1, 2025, expiry will move on Thursday.
These decisions were taken after detailed discussion in SEBI’s Secondary Market Advisory Committee (SMAC), to bring uniformity in expiry days and ensure smooth changes between exchanges.
-IANS
ABS/
