EN 
CN 
The National Stock Exchange of India has announced that Thursday, 29 June 2023 will be a public holiday. As such, SGX has determined that the Last Trading Day (LTD) and Final Settlement Price Date (FSP Date) for the June 2023 contract month of the SGX Nifty 50 Index Futures, SGX Nifty 50 Index Options, and the SGX Nifty Bank Index Futures shall be on Wednesday, 28 June 2023.
Please note that the SGX Nifty Derivatives contracts (apart from the June 2023 contract) will remain open for trading on Thursday, 29 June 2023. Liquidity switch from SGX Nifty Derivatives to NSE IFSC Nifty Derivatives will continue as planned after the close of business on Friday, 30 June 2023.
To help you be prepared for the upcoming liquidity switch, please take note of the following:
If you have an open position in SGX Nifty (IN) after close on 30 June:
- Your open position will reflect as SGX GIN on your statement of 3 July
- The conversion ratio will be 1:1
- The conversion price will be the daily settlement price of the respective IN contracts
If you do not wish to participate in this liquidity switch, please kindly:
- liquidate your SGX IN position before market close on 30 June and/or
- trade the NSE IFSC Niffy (GIN) contract directly before 30 June
