https://www.taxtmi.com/circulars?id=58123 Revised regulatory limits allow authorised bank stock brokers to maintain larger gross open positions in USD INR currency derivatives than other brokers: non authorised participants are subject to a percentage cap of total open interest or a baseline dollar threshold, while RBI authorised bank stock brokers may operate under an enhanced baseline threshold; RBI will notify SEBI and exchanges of eligible bank stock brokers; other prior conditions remain unchanged and exchanges must update rules, systems, notifications and report implementation to SEBI. en-us Fri, 15 Jan 2016 00:00:00 +0530 Sat, 08 Dec 2018 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58123 Revised regulatory limits allow authorised bank stock brokers to maintain larger gross open positions in USD INR currency derivatives than other brokers: non authorised participants are subject to a percentage cap of total open interest or a baseline dollar threshold, while RBI authorised bank stock brokers may operate under an enhanced baseline threshold; RBI will notify SEBI and exchanges of eligible bank stock brokers; other prior conditions remain unchanged and exchanges must update rules, systems, notifications and report implementation to SEBI. Circulars SEBI Fri, 15 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58123