Spread margin withdrawal must occur by the start of tender period or expiry day, tightening risk management timing. Withdrawal of spread margin benefit for spread positions must occur no later than the start of the tender period or the start of the expiry day, whichever is earlier, replacing the prior deadline that permitted withdrawal by an earlier expiry related day; exchanges must update risk management norms and notify members and publish the change on their websites.
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.
Spread margin withdrawal must occur by the start of tender period or expiry day, tightening risk management timing.
Withdrawal of spread margin benefit for spread positions must occur no later than the start of the tender period or the start of the expiry day, whichever is earlier, replacing the prior deadline that permitted withdrawal by an earlier expiry related day; exchanges must update risk management norms and notify members and publish the change on their websites.
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