The National Stock Exchange (NSE) today announced that the exchange will not charge any transaction fee for all trades done in F&O (Futures & Options) contracts of Nifty Next 50 till the next 6 months, which will be launched in the derivatives segment tomorrow, April 24.
NSE on April 18 said that it has received approval for Derivatives on Nifty Next 50 index (NIFTYNXT50) from the Securities and Exchange Board of India (SEBI) and will launch these contracts from April 24, 2024.
The exchange will offer 3 serial monthly index futures and index options contract cycle. The cash settled derivatives contracts will expire on the last Friday of the expiry month.