NSE Trading Hours: NSE extends trading hours for interest rate derivatives till 5 pm

The National Stock Exchange of India has extended the market trade timing for interest rate derivatives to 5 pm, and the change will be effective from February 23.

Currently, the contracts are traded between 9 am and 3:30 pm. The move is aimed at converging it with underlying market timings, the exchange said in a circular.

Accordingly, interest rate derivative contracts for February expiry will be available for trading till 5 pm on February 23.

There shall be no change in trading hours for other interest rate derivative contracts, it said. All existing expiry contracts with expiry day beyond February 23, 2023, and all new expiration contracts introduced thereafter will be available for trading till 5 pm on expiry day.

Further, there will be no change in the final settlement price computation mechanism. It will be calculated based on the last two hours of volume weighted average price or VWAP of NDS OM trades, subject to a minimum of 5 trades.

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