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18 Oct 2021, 02:00 PM
Changes in expiry day and discontinuation of weekly futures contracts of FINNIFTY
NSE will be making the following revisions to derivative contracts of FINNIFTY (Nifty Financial Services Index).
- NSE will be discontinuing trading in Weekly Index Futures contracts of FINNIFTY. There will be no new Weekly Index Futures contracts introduced after October 14 expiry, contracts issued until then will be available for trading
- Weekly Index Options of FINNIFTY will continue to be available for trading
Change in expiry day of derivative contracts on FINNIFTY:
| Expiry Day | Current Expiry | Revised Expiry Day |
|---|---|---|
| Weekly Contracts | Thursday of every week | All existing weekly contracts will expire on Tuesday of every week. If Tuesday is a trading holiday, contracts will expire on the previous trading day |
| Monthly Contracts | Last Thursday of the expiry month | All monthly expiry contracts will expire on the last Tuesday of each month. If Tuesday is a trading holiday, contracts will expire on the previous trading day |
Please do check this post for more details.
You can also refer to the NSE circular here.