February 01, 2010

 

Press Release No. 1

Another milestone on NSE in exchange traded Currency Derivative contracts

Trading in futures contracts on new currency pairs viz. EUR-INR, GBP-INR & JPY-INR was commenced on National Stock Exchange of India today. With the inclusion of these three currency pairs, the Exchange now provides trading facility in all major currencies against the Indian Rupee, thus facilitating currency risk hedging in an efficient manner.

 

Market participants’ responded enthusiastically to inclusion of new currency pairs. The three new currency pairs clocked 1,98,761 contracts resulting from 7,762 trades at a total value of Rs 1,277.13 crores. Out of the three new pairs, EUR-INR was the most traded currency pair clocking 1,82,013 contracts. The bid-ask spread was observed to be around one tick i.e. quarter paisa most of the time for EUR-INR.

 

The new currency pairs contributed 9.61% of the total currency turnover in value terms. The first trade in the new currencies was executed by East India Securities Ltd. IndusInd Bank Ltd executed the first trade amongst banks and was the most active bank. Union Bank of India was the first PSU Bank to trade and executed the single largest trade. Apart from other banks, ICICI Bank and State Bank of India also participated actively.

 

Press Release No. 2

Security listed and admitted to dealings – INFINITE

 

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. February 3, 2010. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

INFINITE

Infinite Computer Solutions (India) Limited

INE486J01014


Press Release No. 3

NSE completes its 2479th Normal Settlement

 

The Exchange has successfully completed its 2479th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2010018 on February 01, 2010. The settlement statistics are as follows:         

 

Particulars
Values

 

N-2010018

Total traded quantity (lakhs)

9396.64

Total traded value (Rs. In Crores)

20708.79

Total value of the settlement (Securities) (Rs. In Crores)

5674.01

Total value of the settlement (Funds) (Rs. In Crores)

2432.29

Shortages for the settlement

0.08%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

28.04%


Retail Debt Market has completed its 1753rd settlement, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2010018

NIL

NIL

NIL