Adjustment of Futures & Options contracts in Future Retail Limited (FRL) on account of scheme of arrangement

Hello all,

 Here’s an update. All existing contracts in F&O segment for the Future Retail Limited (FRL) i.e. contracts with expiry dates

1. June 27, 2013
2. July 25, 2013
3. August 29, 2013

shall expire on June 20, 2013. These will finally be settled at the closing price of FRL in the Cash segment of NSE on June 20, 2013.

Based on the price determined after opening of the Cash segment on June 21, 2013 the following strikes will be made available to the market

1. a minimum of five in-the-money strikes
2. one at-the-money strike and
3. five out-of-the-money

 Cheers!!!

Trade Smart Online