Bombay Exchange to Halt Derivatives in Indian Oil

June 23 (Bloomberg) — The Bombay Stock Exchange, Asia’s oldest, said it will halt trading in derivatives of Indian Oil Corp., the nation’s biggest refiner, and six other companies as they no longer meet the regulator’s eligibility requirement.

The exchange won’t introduce September 2009 contracts for the companies when June contracts expire on June 25, it said in a circular on its Web site today.

Existing contract months — July and August — will trade until they end on the last Thursday of their respective expiry months, the exchange said.

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