At a time when the market regulator is contemplating ending weekly options and pushing for long-term derivatives, famously known as LEAPS, the NSE International Exchange (NSE-IX) based in GIFT City has announced the launch of zero-day-to-expiry (0DTE) options contracts on the Nifty 50 Index.
Trading in these contracts will begin from October 13. The exchange has received approval from the International Financial Services Centres Authority (IFSCA) to launch these one-day wonders.
0DTE options
The 0DTE options contracts are structured with weekly expiries on each day of the week, Monday through Friday. This feature makes NSE-IX the first exchange in India to offer international investors such an instrument, designed to meet the needs of modern trading strategies that demand agility, preci