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Lot Size Change Of India VIX Futures Contract

Ravi Narain, Vice Chairman of NSE

Ravi Narain, Vice Chairman of NSE

In accordance with SEBI guidelines prescribing minimum contract size of Rs. 10 lakhs for India VIX* futures contracts, Exchange periodically reviews the lot size based on the above criteria.

Accordingly, the lot size of India VIX futures contracts shall be revised with effect from July 02, 2014 as follows:

Instrument Symbol Present Market Lot Revised Market Lot
FUTIVX INDIAVIX
750
550

The revised lot size shall be applicable to contracts with expiry date July 22, 2014 and onwards.

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