F&O Securities in Ban for Trade: 23 July
The "F&O Ban” refers to a restriction imposed by stock exchanges on trading Futures and Options (F&O) contracts of certain stocks. This happens when the open interest of F&O contracts of a stock crosses 95% of the Market Wide Positions Limits (MWPL). The ban is lifted when the open interest drops below 80%.
The derivative contracts of the following securities have crossed 95% of the MWPL and are currently in the ban period:
Symbol | Previous MWPL% | Current MWPL% |
---|---|---|
RBLBANK | 95.30 | 93.13 |
BANDHANBNK | 89.89 | 86.23 |
IEX | 74.09 | 113.72 |
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