Sebi defers implementation of new higher margin norms for derivatives

Sebi said besides collecting initial margin, trading members will have to collect exposure margin


Photo: Reuters

BS Reporter Mumbai
Capital market regulator Securities and Exchange Board of India (Sebi) has deferred the implementation of norms requiring brokers to collect higher upfront exposure from clients. The new norms were to come into effect from June 1. Instead, they will now come into effect from July 1, the National Securities Clearing Corporation (NSCCL), an arm of the National Stock Exchange (NSE), has said in a circular.

The additional risk management measures were announced to curb speculative trading in the derivatives segment. The measures were announced by way of a circular on May 2. Under the new norms, Sebi said besides

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 31 2018 | 9:02 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to