When do orders in Futures get freezed?

Orders in Futures may get freezed at the exchange end. There are two types of Freeze orders specified by exchange:

Price Freeze – In case of Stock Futures orders are freezed by exchange, if the price range specified is beyond ± 20% of base price i.e. previous days closing price. In case of Index Futures or Basket Futures orders are freezed by exchange, if the price range specified is beyond ± 10% of base price i.e. previous days closing price. However, the above price ranges may be changed depending upon the market volatility.

Quantity Freeze – In case of Stock Futures the quantity for each stock is specified by exchange from time to time and single order value should not normally be beyond Rs. 4 Crores. In case of Index Futures the quantity should not be beyond 15000. For further details on the respective quantities for each stock please refer NSE site www.nseindia.com

 

 

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