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of <h1>SEBI Aligns Risk Management Norms for Commodity Derivatives with Equity and Currency; Mandates INR 50 Lakh Liquid Net-worth.</h1> The Securities and Exchange Board of India (SEBI) mandates that Clearing Corporations in the commodity derivatives segment align their risk management norms with those applicable to equity and currency derivatives. Clearing members must maintain a minimum Liquid Net-worth of INR 50 Lakhs, with no Base Minimum Capital requirement. SEBI also requires compliance with existing provisions regarding Fixed Deposit Receipts as collateral and intra-day crystallised losses. Commodity Derivatives Exchanges must implement these changes within three months and ensure their members are informed. This circular is issued under SEBI's regulatory powers to protect investor interests and promote market development.
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