Daily reporting requirement for derivative trading mandates exchanges and clearing houses to submit market activity and margin/MTM reports before next trading day. SEBI requires exchanges to file a Daily Market Activity Report at the end of each trading day covering index futures price series, volumes, open interest and exceptional events, and requires the Clearing House to file an Initial Margin & Mark to Market Settlement Collection Report before trading the next day detailing 99% VaR and initial margin metrics, MTM liabilities and collections, and any shortages, to be submitted to the Sr. Director, IES with a copy to the Division Chief, Derivative Cell.
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Provisions expressly mentioned in the judgment/order text.
Daily reporting requirement for derivative trading mandates exchanges and clearing houses to submit market activity and margin/MTM reports before next trading day.
SEBI requires exchanges to file a Daily Market Activity Report at the end of each trading day covering index futures price series, volumes, open interest and exceptional events, and requires the Clearing House to file an Initial Margin & Mark to Market Settlement Collection Report before trading the next day detailing 99% VaR and initial margin metrics, MTM liabilities and collections, and any shortages, to be submitted to the Sr. Director, IES with a copy to the Division Chief, Derivative Cell.
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