Under what conditions does Geojit provides trading in Illiquid Contracts?
Derivative liquidity policy for allowing Equity & Index derivatives are:
- All Equity & Index Futures contracts subject to minimum 10 lots of Open Interest and 10 contracts traded on previous day.
- Equity Options contracts up to 65 days expiry subject to minimum 10 lots of Open Interest and 10 contracts traded on previous trading day.
- Nifty Options contracts upto 100 days expiry and coming quarterly contract subject to minimum 10 lots of Open Interest and 10 contract traded on previous trading day.
- Bank Nifty & Fin Nifty Options contracts upto 100 days expiry subject to minimum 10 lots of Open Interest and 10 contracts traded on previous trading day.
Note * Index Options which are away from 20% up or down from closing value of Index will be blocked. * Equity Options which are away from 30% up or down from closing value of stock will be blocked.
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