Volatility margins required for outstanding sell positions; foreign institutional investors must pay end-of-day margins to brokers. SEBI requires payment of volatility margins by institutional investors on their net outstanding sale positions at end of day; no class of investor is exempt and exchanges will announce applicable rates. Brokers must collect margins where client settlement margins exceed the prescribed threshold, and custodians are to inform their FII clients of the obligation.
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.
Volatility margins required for outstanding sell positions; foreign institutional investors must pay end-of-day margins to brokers.
SEBI requires payment of volatility margins by institutional investors on their net outstanding sale positions at end of day; no class of investor is exempt and exchanges will announce applicable rates. Brokers must collect margins where client settlement margins exceed the prescribed threshold, and custodians are to inform their FII clients of the obligation.
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