Uniform margin requirement replaces stratified slabs for carry forward and lending-borrowing positions and mandates investor education. SEBI instructed exchanges to replace stratified margin slabs with a uniform margin for carry forward positions in the Modified Carry Forward System (MCFS) and for trade positions in the Automated Lending and Borrowing Mechanism (ALBM). It also directed exchanges to undertake educational and awareness programmes to familiarise investors with new products including Carry Forward under Rolling Settlement (CFRS), Automated Lending and Borrowing under Rolling Settlement (ALBRS) and Continuous Net Settlement (CNS).
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.
Uniform margin requirement replaces stratified slabs for carry forward and lending-borrowing positions and mandates investor education.
SEBI instructed exchanges to replace stratified margin slabs with a uniform margin for carry forward positions in the Modified Carry Forward System (MCFS) and for trade positions in the Automated Lending and Borrowing Mechanism (ALBM). It also directed exchanges to undertake educational and awareness programmes to familiarise investors with new products including Carry Forward under Rolling Settlement (CFRS), Automated Lending and Borrowing under Rolling Settlement (ALBRS) and Continuous Net Settlement (CNS).
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