The ministry of finance has decided to halve the minimum contract size stipulation from the current Rs 2 lakh per contract to Rs 1 lakh. But as the adjoining chart shows, the contract size on many counters has jumped to well over Rs 2 lakh.
Thus, stock exchanges will actually have to do much more than halving the contract size. In the case of Tata Motors, for instance, the contract size would have to be brought down to almost one eighth the current size.
In order to realign the contract size, exchanges would have to change the