https://www.taxtmi.com/circulars?id=57769 SEBI requires Clearing Members and Trading Members to collect and report client margins for Equity Derivatives including initial margin, exposure margin/extreme loss margin, calendar spread margin and mark-to-market settlements, with Exchanges/Clearing Corporations able to prescribe additional margins. For equity derivatives, liquid net worth of a clearing member is to be computed by deducting initial margin and exposure margin/extreme loss margin from its liquid assets. Exchanges and Clearing Corporations must update systems and rules, notify members, publish the circular, and report implementation to SEBI. en-us Wed, 02 May 2018 00:00:00 +0530 Wed, 28 Nov 2018 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57769 SEBI requires Clearing Members and Trading Members to collect and report client margins for Equity Derivatives including initial margin, exposure margin/extreme loss margin, calendar spread margin and mark-to-market settlements, with Exchanges/Clearing Corporations able to prescribe additional margins. For equity derivatives, liquid net worth of a clearing member is to be computed by deducting initial margin and exposure margin/extreme loss margin from its liquid assets. Exchanges and Clearing Corporations must update systems and rules, notify members, publish the circular, and report implementation to SEBI. Circulars SEBI Wed, 02 May 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57769