Futures and Options Trading Hours To Be Extended? ANMI Approves Proposal

In the first phase NSE has proposed derivative trading in the index between 6 pm to 9 pm while SEBI had asked NSE to take opinion of all stakeholders, Zee Business report has said.

New Delhi: The Association of National Exchanges Members of India (ANMI), a broker's group, has decided to extend trading hours in Futures and Options (F&O). The proposal was approved in the ANMI board meeting held on 2 February.

It has been decided by the Board to extend trading hours exclusively for index derivatives. According to Zee Business report, ANMI will shortly send a letter of consent on the proposal to the Exchange and SEBI. Additionally it said that there should be no operational problems and the condition of getting full support from the exchange.

The NSE, in the first phase, has proposed derivative trading in the index between 6 pm to 9 pm while SEBI had asked NSE to take opinion of all stakeholders, Zee Business report has said.

This is a breaking story, further details are awaited.