 "Sebi raises overall position limits for trading members in F&O segment")
India's market regulator on Thursday said it will raise the position limit for trading members in the futures and options segment.
The overall position limit, including client and proprietary trades, will be set at 75 billion rupees ($892.73 million) or 15% of the total open interest in the market, whichever is higher, the Securities and Exchange Board of India said in a notification.
This limit was earlier set at the higher of 5 billion rupees or 15% of the total open interest.
The position limits will be applicable for index futures and index options separately as it is the current practice, Sebi said.
The provisions come into effect immediately.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app