Reporting of derivative transactions to the media and the newspapers

SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, B Wing, First Floor,
224, Nariman Point, Mumbai 400 021

To,

The Chief Executive Officer
of Derivative Segment of NSE & BSE

Dear Sir,

Reporting of derivative transactions to the media and the newspapers.

In the meeting of the derivative exchange/segments, held on August 2, 2001, it was decided that reporting of derivative transactions to the media and the newspapers should be in a uniform format.

Accordingly, the Derivative Exchanges / Segments and their Clearing House/Corporation are required to report the following details for the transactions in derivative contracts, to the media/newspapers, on a daily basis:

1. Contracts Description
2. Number of contracts traded
3. Notional Value (for option contracts, notional value would be calculated as [strike + Premium] * lot size * number of contracts traded).
4. Open
5. High
6. Low
7. Value of premium traded (for option contracts)
8. Open Interest (in number of contracts)

Yours sincerely,
 

(N. PARAKH)
CHIEF GENERAL MANAGER
DERIVATIVE CELL