The National Stock Exchange (NSE) on Tuesday said it has extended the trading hours for interest derivatives till 5:00 PM.
NSE
As per a circular issued by the bourse, the changes will be effective from February 23, 2023, and there shall be no change in trading hours for other interest rate derivative contracts.
To converge with underlying market timings, contracts for the expiry month of February 2023 will be available for trading till 05:00 PM on the expiry day i.e. February 23, 2023, it said.
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Also, all existing expiry contracts with expiry day beyond February 23, 2023, and all new expiration contracts introduced thereafter shall be made available for trading till 5.00 pm on the expiry day.
Further, there shall be no change in the final settlement price computation mechanism. It will be calculated based on the last two hours of VWAP of NDS OM trades subject to a minimum of 5 trades.