August 29, 2008

 

Press Release no.1

Currency Derivatives Segment

Shri. P. Chidambaram Hon'ble Union Finance Minister inaugurated trading in currency futures on NSE at 9 a.m. today and the first day saw very lively trading with nearly 70,000 contracts being traded. The bid-ask spread remained very tight throughout the day at 0.25 paise (1 tick) which was tighter than usual higher spreads of around 1 paise or higher seen in the forward market. 

The first trade on the Exchange was by East India Securities Ltd. Amongst the Bank participants HDFC Bank carried out the first trade. The largest trade was by Standard Chartered Bank constituting 15000 contracts.  Banks contributed 40% of the total gross volume. 12 serial month contracts were available for trading i.e., September 2008 to August 2009. The most active contract was September 2008 expiry with around 43000 contracts being traded.  The near month contract traded at a premium of 0.40% to the spot price.

Around 300 trading members including 11 Banks were registered in this segment. Trading took place from across major centres of the country. 

 

Press Release no.2

Recommenced of trading pursuant to scheme of arrangement - JDORGOCHEM

 

The trading in equity shares of JD Orgochem Limited shall be recommenced on the Exchange pursuant to scheme of arrangement w.e.f. September 02, 2008. 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

JDORGOCHEM

JD Orgochem Limited

INE263B01022

 

 

Press Release no.3

NSE completes its 2136th Normal Settlement

 

The Exchange has successfully completed its 2136th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Numbers N – 2008164 on August 29, 2008. The settlement statistics is as follows: 

 

Particulars
Values

 

N – 2008164

Total traded quantity (lakhs)

3807.45

Total traded value (Rs. In Crores)

8766.95

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

2039.99

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

643.55

Shortages for the settlement

0.16%

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

22.27%

 

Retail Debt Market have completed its 1410th settlements detail of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008164

NIL

NIL

NIL