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22 Nov 2018, 11:00 AM
Change in settlement mechanism for Bank of India F&O contracts
Starting from the February 2019 expiry, Bank of India(BANKINDIA) derivative contracts will be physically settled instead of the current cash settlement mechanism. This is based on the review of the framework for stocks in Derivatives Segment as prescribed by SEBI.
Existing unexpired contracts of expiry months November 2018, December 2018 and January 2019 will continue to be settled under the cash settlement mode
Read Zerodha’s policy on Physical delivery contracts here.