https://www.taxtmi.com/circulars?id=57794 The circular allocates a separate long-position limit for FPIs in Interest Rate Futures, modifies prior SEBI circular provisions accordingly, and prescribes that only net long positions of FPIs in each IRF instrument be aggregated for the cap while excluding net shorts. It further imposes an individual FPI long-position cap, requires stock exchanges to monitor and publish aggregate FPI net long positions daily, trigger alerts as utilisation nears the allocation, and mandates that FPIs causing any breach must square off excess positions within a short prescribed timeframe or by contract expiry. Existing Government securities limits remain exclusively for Government securities. en-us Thu, 08 Mar 2018 00:00:00 +0530 Thu, 29 Nov 2018 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57794 The circular allocates a separate long-position limit for FPIs in Interest Rate Futures, modifies prior SEBI circular provisions accordingly, and prescribes that only net long positions of FPIs in each IRF instrument be aggregated for the cap while excluding net shorts. It further imposes an individual FPI long-position cap, requires stock exchanges to monitor and publish aggregate FPI net long positions daily, trigger alerts as utilisation nears the allocation, and mandates that FPIs causing any breach must square off excess positions within a short prescribed timeframe or by contract expiry. Existing Government securities limits remain exclusively for Government securities. Circulars SEBI Thu, 08 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57794