https://www.taxtmi.com/circulars?id=57813 Intra-day crystallised losses on transactions subject to upfront margining must be monitored and blocked in real time from a member's free collateral, with client-level offset against crystallised profits permitted; losses are to be calculated on weighted average prices and not adjusted from exposure free liquid networth. If losses exceed available free collateral, the member must be placed into risk reduction mode as specified by the regulator. Clearing Corporations must implement these measures within three months, notify members, publish the provisions, and report implementation status in monthly development reports. en-us Mon, 08 Jan 2018 00:00:00 +0530 Thu, 29 Nov 2018 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57813 Intra-day crystallised losses on transactions subject to upfront margining must be monitored and blocked in real time from a member's free collateral, with client-level offset against crystallised profits permitted; losses are to be calculated on weighted average prices and not adjusted from exposure free liquid networth. If losses exceed available free collateral, the member must be placed into risk reduction mode as specified by the regulator. Clearing Corporations must implement these measures within three months, notify members, publish the provisions, and report implementation status in monthly development reports. Circulars SEBI Mon, 08 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57813