Changes in Lot Size
What other changes has SEBI introduced in the F&O segment?
In addition to increasing lot sizes, SEBI has implemented the following changes:
- Single Weekly Expiry: there will be weekly expiry contracts for only one benchmark index(NIFTY and SENSEX), reducing the number of weekly expiries available.
- Additional Extreme Loss Margin (ELM): An additional ELM of 2% is levied on short index options contracts on the day of expiry to cover potential risks due to increased volatility.