TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Introduces Cross-Margining for Institutional Trades to Enhance Risk Management in Cash Market; Implementation Required by Stock Exchanges.</h1> The circular from the Securities and Exchange Board of India (SEBI) outlines a comprehensive risk management framework for the cash market. It introduces a cross-margining facility initially for institutional trades, allowing margins on cash market positions with offsetting stock futures positions in the derivatives market. While VaR margin is not levied on offsetting positions, Extreme Loss Margin and Market to Market Margin remain applicable. Near month stock futures positions are excluded from cross-margin benefits three days before expiry. Stock exchanges must implement these changes, amend relevant regulations, inform brokers, and report implementation status to SEBI. This initiative aims to protect investors and regulate the securities market.
TaxTMI 