Hi Pros,
Can someone explain me what happens when a stock company enters in to the securities ban period. Does it mean F & o trading does not resume for that day or for that month.
Securities in ban period for trade date January 10, 2008- F&O segment
The derivative contracts in the below mentioned securities have crossed 95% of the market-wide position limit and are currently in the ban period. It is hereby informed that all clients/ members shall trade in the derivative contracts of said securities only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action in accordance with the Circular No. NSCC/F&O/C&S/365 dated August 26, 2004.
Sr.No. Symbol
1 ADLABSFILM
2 APTECHT
3 ARVINDMILL
4 BINDALAGRO
5 BONGAIREFN
6 GMRINFRA
7 HINDOILEXP
8 HOTELEELA
9 IFCI
10 ISPATIND
11 IVRPRIME
12 NAGARFERT
13 PARSVNATH
14 RAJESHEXPO
15 RPL
16 SRF
17 TTML
Can someone explain me what happens when a stock company enters in to the securities ban period. Does it mean F & o trading does not resume for that day or for that month.
Securities in ban period for trade date January 10, 2008- F&O segment
The derivative contracts in the below mentioned securities have crossed 95% of the market-wide position limit and are currently in the ban period. It is hereby informed that all clients/ members shall trade in the derivative contracts of said securities only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action in accordance with the Circular No. NSCC/F&O/C&S/365 dated August 26, 2004.
Sr.No. Symbol
1 ADLABSFILM
2 APTECHT
3 ARVINDMILL
4 BINDALAGRO
5 BONGAIREFN
6 GMRINFRA
7 HINDOILEXP
8 HOTELEELA
9 IFCI
10 ISPATIND
11 IVRPRIME
12 NAGARFERT
13 PARSVNATH
14 RAJESHEXPO
15 RPL
16 SRF
17 TTML