Revision in Tick Size for Scrips in Equity and Derivatives Segments
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Revision in Tick Size for Scrips in Equity and Derivatives Segments

Fyers Web
Reduction in tick size - NSE
27 May '2024
06:00 PM

As per the circular dated May 24, 2024, the National Stock Exchange of India has announced a reduction in the tick size for both the Equity segment and Derivative segment. This change aims to enhance trading precision and efficiency across both segments.

Segment Effective Date Details
Equity June 10, 2024
  • Tick size for securities priced below ₹250: ₹0.01

  • Tick size for securities priced above ₹250: ₹0.05

  • Monthly review based on the closing price on the last trading day of the month, with changes effective from the first trading day of the following month.

F&O July 8, 2024
  • Tick size for stock futures will align with the tick size of their corresponding underlying securities in the CM Segment.

  • Applies to all contract expiries (Near-Month, Middle Month, and Far-Month).

  • Monthly review based on the closing price on the last trading day of the month, with changes effective from the next month.

These changes are intended to improve market efficiency and trading accuracy. The reduction in tick size is expected to result in finer price increments, which can benefit traders by allowing more precise entry and exit points, potentially leading to better price discovery and reduced market impact costs.

For more details, kindly refer to the following circulars:

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