SEBI fixes lot size for derivative contracts

[Krypton]

http://www.policywala.com/picture.php?albumid=13&pictureid=18
SEBI fixes lot size for derivative contracts and it will come into effect from March 31, 2010.

Source - SEBI (http://www.sebi.gov.in//circulars/2010/dnpdcir2010.pdf)

[PolicyWala]

Its good decision. For the big fall which happen in 2008, its right decision. Some shares like Satyam, which fell like anything in a single day, SEBI has to bring some rule to save common small investors.

[Krypton]

Its good decision. For the big fall which happen in 2008, its right decision. Some shares like Satyam, which fell like anything in a single day, SEBI has to bring some rule to save common small investors.
I agree with you PW, as I have lost lots of money in Satyam (even I am holding it as delivery shares).

[CONFUSED]

As per SEBI Circular -

The Stock Exchanges shall review the lot size once in every 6 months based on the average of the closing price of the underlying for last one month. Still with this rule, you cannot tackle big fall of shares.