May 3, 2012
Press Release No. 1
NSE records
a traded value of nearly Rs. 500 crores on FTSE 100
The National
Stock exchange today launched derivative contracts (futures and options) on
FTSE 100, the widely tracked index of the UK equity stock market. At the close
of trading at 3.30 pm, the traded value of derivative contracts on FTSE 100 was
nearly Rs. 500 crores. The total number of contracts that were traded in the
derivative contracts of the FTSE 100 were more than
17,600.
This is the
first time that futures and options contracts, based on an
index of the UK equity stock market, has been launched in India.
FTSE 100
includes 100 largest UK listed blue chip companies and has given returns of
17.8 per cent on investment over three years. The index constitutes 85.6 per
cent of UK’s equity market cap.
NSE has waived
transaction fees for trading in the FTSE 100, till November 2, 2012, to
encourage active participation in the contracts.
NSE has also
announced a liquidity enhancement scheme, to give incentives to clients and
member brokers at the order level, trade level and open interest level. Besides
incentives are also being given to encourage active participation of clients.
Trading in
derivatives on FTSE 100 will enable investors to take exposure to UK markets
with complete ease. The contracts are rupee denominated, so an investor does
not face any currency risk. They can be traded by all equity derivatives
members of the NSE, through existing infrastructure, with no additional
investment required.
Trading in
derivative contracts of FTSE 100 on NSE has many benefits for an investor. It
helps in portfolio diversification, which yields higher returns and poses a lower risk, than any individual investment found
within the portfolio.
These
contracts can be used to hedge overseas portfolios and to take positions based
on expected news flow from the UK markets.( there is a three hour timing
overlap between the Indian and UK markets).
Press Release No. 2
Corporates with highest
number of complaints pending
Given below are names of corporates,
whose securities are suspended / withdrawn from trading on NSE, with highest
number of complaints pending against them for a period of more than 2 months as on
April 30, 2012.
|
Sr. No. |
Name of the Corporate |
Number of complaints pending |
|
1 |
Vatsa Corporations Ltd |
76 |
|
2 |
Soundcraft Industries Ltd. |
27 |
|
3 |
Pal Peugeot Ltd |
11 |
|
4 |
Enkay Texofood Industries
Ltd |
6 |
|
5 |
Arihant Industries Ltd. |
5 |
|
6 |
Patheja Forgings & Auto
Parts Manufacturers Ltd |
4 |
|
7 |
Eider Infotech Limited |
3 |
|
8 |
Cauvery Software
Engineering Systems Ltd |
2 |
|
9 |
Lan Eseda Industries Ltd |
2 |
|
10 |
Scintilla Software
Technology Ltd |
2 |
Press Release No. 3
NSE
completes 3045th Settlement
The Exchange has successfully
completed its 3045th Normal Settlement (Rolling T+2 following SEBI
directive) since inception i.e., Settlement Number N – 2012081 on May 03, 2012.
The settlement statistics are as follows:
|
Particulars |
|
|
|
N-2012081 |
|
Total traded quantity (lakhs) |
5341.28 |
|
Total traded value (Rs. In Crores) |
8847.77 |
|
Total value of the settlement (Securities) (Rs. In Crores) |
2479.96 |
|
Total value of the settlement (Funds) (Rs. In Crores) |
617.75 |
|
Shortages for the settlement |
0.11% |
|
% of Delivery ( No. of shares
deliverable / No. of shares traded ) |
28.72% |
Retail Debt Market has completed
its 2318th settlement, details of which are as follows:
|
Settlement
No. |
Traded
Value (Rs.) |
Settlement
Value (Rs.) |
|
|
|
|
Securities |
Funds |
|
D- 2012081 |
NIL |
NIL |
NIL |