Position limits based on deliverable supply set client, member and exchange caps for agricultural commodity derivatives. SEBI mandates that overall client-level open position limits for agricultural commodity derivatives be calculated as a fixed percentage of the commodity's deliverable supply (production plus imports) based on annual joint classification of commodities into sensitive, broad and narrow categories using five-year averages; exchanges must jointly compute, disclose sources, notify annual revisions when materially changed, and apply revised limits to running contracts from the prescribed effective date.
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.
Position limits based on deliverable supply set client, member and exchange caps for agricultural commodity derivatives.
SEBI mandates that overall client-level open position limits for agricultural commodity derivatives be calculated as a fixed percentage of the commodity's deliverable supply (production plus imports) based on annual joint classification of commodities into sensitive, broad and narrow categories using five-year averages; exchanges must jointly compute, disclose sources, notify annual revisions when materially changed, and apply revised limits to running contracts from the prescribed effective date.
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