These 3 Stocks Fall Under F&O Ban List by NSE on Oct 17
By Malvika Gurung
Investing.com — Three stocks lie under the Futures and Options (F&O) ban list for trade by the National Stock Exchange on Oct 17, 2022.
While the home finance company Indiabulls (NS:) Housing Finance and the gaming and hospitality stock Delta Corp (NS:) continue to remain under the F&O ban list on Monday, the leading cement manufacturer India Cements (NS:) has been added to the ban list again in today’s session.
The three securities have exceeded 95% of the market-wide position limit (MWPL), thereby banned for trade under the futures and options segment in the day, and shall continue remaining on the list until their positions fall below 80%.
While on the Futures and Options ban list, no new/fresh F&O positions can be bought or sold for the stock(s), else that trader gets penalised. Traders with existing positions in that security can unwind their positions.
Moreover, the market-wide position limit is set by the stock exchanges.
The NSE directs all clients/members to trade in the derivative contracts of the aforementioned securities only to decrease their positions through offsetting positions.
By Malvika Gurung
Investing.com — Three stocks lie under the Futures and Options (F&O) ban list for trade by the National Stock Exchange on Oct 17, 2022.
While the home finance company Indiabulls (NS:) Housing Finance and the gaming and hospitality stock Delta Corp (NS:) continue to remain under the F&O ban list on Monday, the leading cement manufacturer India Cements (NS:) has been added to the ban list again in today’s session.
The three securities have exceeded 95% of the market-wide position limit (MWPL), thereby banned for trade under the futures and options segment in the day, and shall continue remaining on the list until their positions fall below 80%.
While on the Futures and Options ban list, no new/fresh F&O positions can be bought or sold for the stock(s), else that trader gets penalised. Traders with existing positions in that security can unwind their positions.
Moreover, the market-wide position limit is set by the stock exchanges.
The NSE directs all clients/members to trade in the derivative contracts of the aforementioned securities only to decrease their positions through offsetting positions.
