Regulatory Alerts2025-03-28
Intraday Monitoring of Position Limits for Index Derivatives
The Securities and Exchange Board of India (SEBI) mandates that stock exchanges begin intraday monitoring of position limits for index derivatives starting April 1, 2025. While exchanges must take at least four random snapshots daily to track these limits, no penalties will be imposed for intraday breaches until further notice. Exchanges are required to establish a joint standard operating procedure to inform market participants of monitoring modalities and notify clients of any breaches for risk management purposes.
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