Margin restoration for USD INR contracts restored to prior rates; exchanges must amend rules and implement by mid April. The circular restores initial and extreme loss margins for USD INR currency derivatives to their pre July 08, 2013 rates, effective April 15, 2014. Stock exchanges and recognized clearing corporations must amend byelaws, implement systems for the restored margins, notify trading/clearing members, and disseminate the change on their websites under SEBI's statutory regulatory powers to protect investors and promote orderly markets.
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.
Margin restoration for USD INR contracts restored to prior rates; exchanges must amend rules and implement by mid April.
The circular restores initial and extreme loss margins for USD INR currency derivatives to their pre July 08, 2013 rates, effective April 15, 2014. Stock exchanges and recognized clearing corporations must amend byelaws, implement systems for the restored margins, notify trading/clearing members, and disseminate the change on their websites under SEBI's statutory regulatory powers to protect investors and promote orderly markets.
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