Derivatives on equity shares permitted in IFSCs subject to SEBI approval and specified participant and position limits. Inclusion of Derivatives on Equity shares is authorised under SEBI (IFSC) Guidelines, 2015 subject to SEBI approval; eligible participants include SEBI-registered FPIs operating in IFSC and other IFSC entities. Position limits follow existing SEBI circulars, and the Market Wide Position Limit (MWPL) for these derivatives equals ten percent of non-promoter free-float shareholding of the underlying, reckoned separately for IFSC exchanges and capped in value at fifty percent of the domestic-market MWPL.
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.
Derivatives on equity shares permitted in IFSCs subject to SEBI approval and specified participant and position limits.
Inclusion of Derivatives on Equity shares is authorised under SEBI (IFSC) Guidelines, 2015 subject to SEBI approval; eligible participants include SEBI-registered FPIs operating in IFSC and other IFSC entities. Position limits follow existing SEBI circulars, and the Market Wide Position Limit (MWPL) for these derivatives equals ten percent of non-promoter free-float shareholding of the underlying, reckoned separately for IFSC exchanges and capped in value at fifty percent of the domestic-market MWPL.
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