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Leading bourse National Stock Exchange (NSE) today said it will introduce five companies, including SKS Micro finance and TVS Motor Company, in the future and option segment from Wednesday.
Besides, Eicher Motors, Motherson Sumi Systems and Mindtree would also become part of the derivative segment.
"...Futures and options (F&O) contracts on these five additional securities would be available for trading with effect from September 10, 2014," NSE said in a circular.
Currently, there are over 200 securities available in the F&O segment for trade.
For inclusion in the derivatives segment, the stock's market wide position limit (MWPL), which is the total number of contracts a trader may have active at one time for a given underlying, should be Rs 300 crore among other criteria.
Besides, minimum order requirement for a stock to be eligible for introduction in the derivatives segment should be Rs 10 lakh.
Last month, the exchanges announced that they will drop United Spirits from the F&O segment from September 19 as the company failed to comply with listing agreements, including timely submission of financial results.
