Spread margin benefits: special margin shall not be levied on spread trades, with the exemption retained and continued by regulator. The circular affirms that the erstwhile FMC circulars prescribing that special margin shall not be levied on spread trades shall continue in force beyond the transitional repeal period, and directs exchanges to notify members and disseminate the provision on their websites.
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Provisions expressly mentioned in the judgment/order text.
Spread margin benefits: special margin shall not be levied on spread trades, with the exemption retained and continued by regulator.
The circular affirms that the erstwhile FMC circulars prescribing that special margin shall not be levied on spread trades shall continue in force beyond the transitional repeal period, and directs exchanges to notify members and disseminate the provision on their websites.
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