Wild Nifty swings on weekly expiry day spark chatter of manipulation by HFT cartel
Coincidentally, the sharp swings on both occasions happened to be on a Thursday, which is the expiry day for weekly Nifty options.
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Coincidentally, the sharp swings on both occasions happened to be on a Thursday, which is the expiry day for weekly Nifty options.
This would complement the existing index derivatives product suite
NSE had recently announced the introduction of trading in F&O contracts on Nifty Next 50 Index with effect from April 24, 2024
This came following an approval received from markets regulator Securities and Exchange Board of India (Sebi).
NSE announced no transaction charges for 6 months in F&O contracts of Nifty Next 50 index to boost participation. Sebi approved trading starting April 24, 2024.