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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>SEBI Approves Single Stock Futures on 31 Stocks with 12-Month Maturity; Mandates Risk Measures and Position Limits.</h1> The circular outlines the introduction of Single Stock Futures in the Indian securities market, following recommendations from SEBI's Advisory Committee on Derivatives. SEBI approved futures on 31 stocks, initially settled in cash, with a maximum maturity of 12 months. The circular specifies risk containment measures, including a portfolio-based margining approach, exposure limits, and real-time computation of worst scenario loss. It mandates exchanges to develop systems for monitoring client-level position limits and outlines trading member and market-wide position limits. Exchanges must submit proposals to SEBI detailing contract specifications, economic purpose, risk protection mechanisms, and infrastructure for Single Stock Futures.