Deliverable supply-driven position limits required; exchanges must disclose supply data and revise limits per prescribed annual timeline. Exchanges must jointly determine deliverable supply, classify agricultural commodities, and compute client and market position limits annually tied to deliverable supply, revising numerical limits only when changes are at least 5%. Exchanges shall publish five year average and current year deliverable supply, data sources, classification and numerical limits in the prescribed annexure format, notify SEBI in advance, complete notification by 31 July (unless extended) and make revised limits applicable to all running contracts from 1 September. Members must be informed, bye laws amended as needed, and implementation status communicated to the regulator.
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Deliverable supply-driven position limits required; exchanges must disclose supply data and revise limits per prescribed annual timeline.
Exchanges must jointly determine deliverable supply, classify agricultural commodities, and compute client and market position limits annually tied to deliverable supply, revising numerical limits only when changes are at least 5%. Exchanges shall publish five year average and current year deliverable supply, data sources, classification and numerical limits in the prescribed annexure format, notify SEBI in advance, complete notification by 31 July (unless extended) and make revised limits applicable to all running contracts from 1 September. Members must be informed, bye laws amended as needed, and implementation status communicated to the regulator.
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