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        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

        Provisions expressly mentioned in the judgment/order text.

        <h1>Cross currency derivatives: exchanges permitted to list EUR USD, GBP USD and USD JPY futures and options, expanding hedging options.</h1> Recognised stock exchanges may offer cross currency futures and options in EUR USD, GBP USD and USD JPY and expand INR based options to EUR INR, GBP INR and JPY INR. Contract types, sizes, quotation and settlement currencies, premium quotation/payments, and INR settlement computation for cross currency contracts using the USD INR Reference Rate and corresponding published exchange rates are prescribed. Market participants, including residents and FPIs, may take positions without establishing underlying exposure subject to existing aggregate position limits and exchange specified limits; AD Category I banks must observe Net Open Position Limits and ensure synthetic USD INR exposures comply with USD INR position limits.

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