NSE New Trading Hours For Interest Rate Derivatives

National Stock Exchange(NSE) announced the new trading hours for interest rate derivatives in February 2023. Before that, derivatives contracts were traded between 9 AM to 3 PM. However, in the announcement, it is stated by NSE that “there will be no change in trading hours of other interest rate derivatives.” 

The regular trading window in NSE was 6 hours and 30 minutes, which impacted NSE India Limited unlisted shares. The officials of NSE confirmed that the main reason behind this decision is to converge with underlying market timing; members are requested to change the timing of interest rate derivatives contracts. For any investor, getting updated with the latest trading timing is vital. In this post, we will share the NSE’s new trading hours for interest rate derivatives.

Changes Announced By NSE In Trading Hours

The National Stock Exchange is considered one of the leading stock exchange markets in the world. Since it introduced the short-term trading cycle, many investors bought or sold shares. Since it is an unlisted company (a company that is limited by shares limit) and provides NSE unlisted shares for trade to retail investors.

Apart from this, NSE took a further step to increase investors’ participation by introducing new trading hours for interest rate derivatives. These are financial derivatives contracts whose values are mainly determined by the interest rate indices and instruments. As per the new circulation released by NSE, here are the changes it made in the trading hours of interest rate derivatives:

1. The timing for the trading of interest rate derivatives extends till 5:00 PM. In the statement, NSE stated, “Contracts for the expiry month will be available from 9:00 AM to 5:00 PM instead of 3:30 PM.” The timing of other interest rate derivatives will remain the same.
2. No further change has been made in gave-up timings and CP code modification. It remains till 5:30 PM. There is no change in the final settlement price computation mechanism of interest rate derivatives. It can still be calculated based on the last 2 hours’ VWAP of NDS OM trades subjected to a minimum of 5 trades.
3. The new trading hours were effective from 23 February 2023 and applied to all the expiring month derivatives contracts. Some investors said the new timing could lead to liquidity and lower participation in the long run.

New Trading Timing For Interest Rate Derivatives

NSE shared the new timing for interest rate derivatives contracts for investors. Investors can  trade  shares on weekdays except (Saturday, Sunday and public holidays). Here is the timing released by NSE:

Pre-Open Session

• Order entry and modification open: 9:00 AM
• Order entry and modification close: 9:08 AM

Timing For Interest Rate Derivatives Trading Session

• Physical market open: 9:15 AM
• Physical market close: 5:00 PM
• Closing session: 5:30 PM

The extended timing for interest rate derivatives allows investors and brokers to trade for longer hours. However, the time for trading other equities remains the same: 9:00 AM to 3:30 PM. In between this, NSE unlisted shares also attract potential investors who want to mitigate the risk. You might not know, but NSE provides its unlisted shares for trading purposes, and anyone can buy NSE unlisted shares easily. 

About NSE Unlisted Shares

National Stock Exchange was incorporated in 1992 and recognised as the leading stock exchange of India in 1993. It launched electronic trading in 1994 and revolutionised the trading process. NSE also facilitates derivative trading that attracts potential investors every day. Being the largest stock exchange, it allows traders and investors to buy NSE unlisted shares. 

Investing in the NSE Pre-IPO stocks has various benefits, like higher trading volume, liquidity, exponential growth, and shorter settlement cycles. If we see the NSE revenue of the last three years, it increased from Rs 3896 crore in FY2020 to Rs 9500 crore in FY2022. Moreover, NSE’s EPS increased thrice from Rs 38 to Rs 104.9 in the last two years, which makes it a worthy investment option for investors.

Check NSE Share Price And Start Investing

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Here, you can get the current NSE share price and other financial data about the company, like EBITDA ratio, operating revenue, PAT, debt per equity ratio, etc. Whether you want to or check the price of pre-IPO stocks, this platform gives you access to complete key metrics needed to make an investing decision. In addition, the process of buying unlisted shares is quite simple. Start investing early in NSE unlisted shares and enjoy the long-term benefits.