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
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