NSE, BSE on trading time war

After extensive consultations with market participants, based on consensus National Stock Exchange (NSE) has decided to start the market at 9.00 a.m. from Friday, December 18, 2009. Under Capital Market Segment, Normal Market / Retails Debt Market / Limited Physical Market will open at 9:00 a.m. The Block Trade session shall be available from 9:00 am to 9:35 am. The Normal Market / Retails Debt Market / Limited Physical Market close time shall remain unchanged i.e. 3:30 pm. There is no change in the timings of closing session and Auction market.

Under Futures & Options Segment, the Normal market / Exercise market open time is 9:00 a.m. The Normal market close time shall remain unchanged i.e. 3:30 p.m. There is no change in the cutoff time for set up of Position limit / Collateral value, Trade modification / Exercise market end time.

Bombay Stock Exchange (BSE) which announced on December 15, 2009 regarding advancement in trading time from December 18, 2009 has effected another change in timing due to advancement of trading time by National Stock Exchange (NSE).

The Change in Trading time is applicable from Friday, December 18, 2009 for both Equity and Equity Derivatives segments. The Market will open at 9:00 a.m. and trading will commence from 9:00 a.m. to 3:30 p.m. instead of 9:55 a.m. to 3:30 p.m.

Consequently, the continuous trading session in both segments (Equity and Equity Derivatives) will be from 9.00 a.m. to 3.30 pm on all business days. There will be no change in timings of any other session in both the segments.

It is also clarified that the Block Deal window timings in the Equity Segment of the exchange will be from 9.00 a.m. to 9.35 a.m.

Source : Equity Bulls

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