The National Stock Exchange (NSE) of India has announced that it will introduce daily expiry for GIFT Nifty contracts, effective from October 13, 2025. GIFT Nifty is a dollar-denominated derivative contract based on the Nifty 50 index, traded on the NSE International Exchange (NSE IX) located in GIFT City, Gujarat. This move aims to enhance trading flexibility and align with global market practices.
The introduction of daily expiry contracts means that zero-day-to-expiry (0DTE) options will be available, expiring daily at 3:30 PM IST. This ensures that five serial weekly expiry contracts are always available for trading. Additionally, new 0DTE options contracts will be made available for trading after 3:30 PM, maintaining continuous availability.
This initiative complies with the Securities and Exchange Board of India (SEBI) regulations, which allow for multiple expiry days in specific segments like international exchanges. The NSE’s GIFT City arm, NSE IFSC Ltd., will oversee the implementation of this change. The settlement procedure and other details will be communicated separately by NSE IFSC Clearing Corporation.
The introduction of daily expiry is expected to provide traders with increased flexibility, allowing for more precise risk management and trading opportunities. It also aims to boost trading volumes and liquidity in the GIFT Nifty segment, aligning India’s derivatives market with international standards and potentially attracting more global investors.
Source: NSEIX, Economic Times, NDTV
Disclaimer: Alice Blue Disclaimer on Financial Services and Trading Risks
