Why lot size changes for futures for different month

#1
I dont know whether this situation was there before but i started noticing it now.

This is the details for ACC future stock
ACC 29-OCT-15 125 1377.2 21525
ACC 26-NOV-15 375 1383.4 64905
ACC 31-DEC-15 375 1392.35 65346
for this month(oct) the lot size is 125 and next month and next to next month its 375. Why this change? I always thought lot size are fixed.

whether changes in lot size is towards increasing direction or it can also decrease as well? eg from 375 back to 125
 

umeshmandal

Well-Known Member
#3
The contract size are very stable overall. Some changes take place when the value of stock increases or goes down. However presently NSE has increased the minimum value for future contract from 2 lakh to 5 lakh as such all contratcs barring a few which were already much higher than 5 lakhs have been changed. A few contracts lot size was reduced too.
 
#4
The move comes after market regulator Sebi’s decision in July to hike the minimum investment size for any equity derivative product to Rs 5 lakh from Rs 2 lakh. The measure will help safeguard small investors from high-risk products. HINDU
I really don’t know how it will help small time investors; any way retail investors with small investments now definitely avoid futures because margin size has now increased way much larger. The futures which used to cost 30000 rs now cost around 70-80k. This also means high profit and high loss(high risk) that a small time investor like me cant afford.
 

umeshmandal

Well-Known Member
#5
I really don’t know how it will help small time investors; any way retail investors with small investments now definitely avoid futures because margin size has now increased way much larger. The futures which used to cost 30000 rs now cost around 70-80k. This also means high profit and high loss(high risk) that a small time investor like me cant afford.
SEBI, the know all Regulator thinks that the small investors are fools and cannot handle their finances themselves and increase in lot size will discourage them from Trading Futures! :mad:
 
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