Saturday, February 2, 2008

BSE launches SENSEXmini DERIVATIVES Contracts

Overview
For the first time in India, Bombay Stock Exchange offers mini Futures and Options contracts on the leading Indian equity Index 'SENSEX ' for retail investors to participate in the ever growing Derivatives market. The SENSEX is the barometer of the Indian Capital Markets and widely tracked in the global financial markets.

Benefits
1. Since mini futures and options have market lot of FIVE, lower capital outlay and lower trading costs
2. Smaller size allows for more precise hedging and flexible trading.
3. Possible arbitrage between existing SENSEX Futures (bigger market lot) & SENSEX mini Futures (market lot 5).
4. SENSEX constitutes 30 leading companies of diverse industries covering 12 broad sectors of the Indian economy. Provides macro view of economy to retail as well as institutional investors.

Security Symbol: MSX Market Lot: 5 Contract Period: 1, 2 & 3 months
Trading Hours: 9:55 a.m. to 3:30 p.m.

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DISCLAIMER :Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only