Tag Archives: New trading time of cash and equity derivatives market
Trading Time Changes
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- National Stock Exchange
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- Bombay Stock Exchange
As per the changed time schedule in NSE, the normal market, limited physical market and the retail debt market will start at 9 a.m.
From 9 am to 9.35 a.m the block trade session will be available. For the futures and options segment the exercise market will be open from 9am. The market closing time will be 3.30 p.m as normal
In Bombay stock exchange the normal trading time of 9.55 a.m to 3.30 p.m will get changed to 9.45 a.m 3.30 p.m for equity and equity derivatives segment. As per the latest news from the NSE-BSE the block deal window timing will also be changed to the new timings.
N.B: Based on the market feedback, it has been jointly decided by NSE & BSE that the revision of market open timing to 9 am shall be effective from January 4, 2010. In the interim, the current market open timing of 9.55 am shall continue.
SEBI allows stock exchanges to extend the time of Trading
SEBI allows stock exchanges to trade from 9am to 5pm
The Securities and Exchange Board of India (SEBI) on Friday permitted stock exchanges to extend trading time by almost two and a half hours. SEBI had earlier said that this was considered to allow Indian players to take advantage of the global information flows. The NSE was aleady said about the extended trading would commence “very soon” on that exchange, although it would not commit to a specific date. The BSE too “welcomed” the move.
Currently the cash and equity derivatives market is open from 9:55 a.m. to 3:30 p.m. The currency derivatives market is open from 9:00 a.m. to 5:00 p.m., while the commodity derivatives market is open from 8:00 a.m. to 11:30 p.m.
The stock broking community are very pleasent with the news. There was some consternation that the move might benefit only the larger players such as FIIs and the exchanges themselves, as volumes would increase with stretched trading hours.
Many experts and brokers are opposed about this decision.But some other brokers said that theoretically an increase in trading hours could mean higher volumes and profitability for brokers.
