SEBI Update - Intraday Monitoring of Position Limits for Index Derivatives

Securities and Exchange Board of India mention in the circular that exchanges will monitor a minimum of four position limits for index derivatives intraday from April 1, 2025 while clarifying that a breach of of existing position limits will not be a violation amounting to a penalty. It has also directed BSE and NSE to jointly prepare a standard operating procedure (SOP) intimating the market participants regarding modalities of monitoring existing notional position limits intraday. The exchanges will also have to intimate clients/trading members about the breaches for their risk monitoring.

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