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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Sets Eligibility Criteria and Risk Measures for Stock Options and Futures in India; Implementation by Jan 1, 2003.</h1> The circular outlines the eligibility criteria and risk containment measures for introducing stock options and single stock futures in the Indian market. Stocks must be among the top 500 by market capitalization and trading value, with a median quarter-sigma order size of at least Rs. 5 lakh. The criteria are reviewed monthly, and stocks failing to meet them for three consecutive months will not have new contracts issued. Risk measures include linking price scan ranges to liquidity and impact costs, with exposure limits based on open positions. Exchanges must implement these measures by January 1, 2003, and submit proposals for SEBI approval.
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