Direct Market Access to FPIs permitted for commodity derivatives, subject to existing DMA framework and FPI participation conditions. DMA is authorised for SEBI-registered FPIs to participate in ETCDs, subject to adherence to the existing DMA framework and the prior circular permitting FPI participation; stock exchanges and brokers must comply with procedural, operational and risk-management requirements including client authorisation and broker-client agreements, amend bye-laws, notify members, publish the provisions and report implementation status to the regulator, with immediate effect.
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.
Direct Market Access to FPIs permitted for commodity derivatives, subject to existing DMA framework and FPI participation conditions.
DMA is authorised for SEBI-registered FPIs to participate in ETCDs, subject to adherence to the existing DMA framework and the prior circular permitting FPI participation; stock exchanges and brokers must comply with procedural, operational and risk-management requirements including client authorisation and broker-client agreements, amend bye-laws, notify members, publish the provisions and report implementation status to the regulator, with immediate effect.
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