SEBI fixes lot size for derivative contracts

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SEBI fixes lot size for derivative contracts and it will come into effect from March 31, 2010.

Source - SEBI

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.

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Originally Posted by 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.

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I agree with you PW, as I have lost lots of money in Satyam (even I am holding it as delivery shares).

As per SEBI Circular -

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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.

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Still with this rule, you cannot tackle big fall of shares.