With reference to SEBI circular SEBI/DNPD/CIR-26/2004/07/16 dated July 16, 2004 and subsequent approval received from SEBI, Futures and Options contracts on CNX PSE Index and CNX Infrastructure Index shall be made available for trading in the F&O segment with effect from November 25, 2011.
In order to encourage active participation in the above contracts, it has been decided that no transaction charges will be levied on the trades done in the above mentioned contracts till six months from the date of commencement of trading. However, every Trading Member participating in trading in the contracts at any time during the above period shall be required to make a lump sum contribution of Rs. 500/- as contribution to Investor Protection Fund.
