Comment on Query of the Day
commented on
28 Sep 2017, 12:39 PM
Hi Nitin,
i have understood what you have explained about Open interest (OI) but in money control i see the below details for one of the futures
OI= 8,725,500
OI Change = +3,062,500 (54.08%)
No of contracts traded=1518
As far as i undersrtand if OI change is 3,062,500 that means those many no of contracts have been created newly and no of contracts traded should be equal or higher than OI, but here it is just 1518 can you explain how to read these details.