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    <title>Clarification on position limits of domestic institutional investors for currency derivatives contracts</title>
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    <description>Position limits for domestic institutional investors in permitted currency derivatives pairs shall follow paragraph 12(a) of SEBI Circular CIR/MRD/DP/20/2014, subject to permission from their sectoral regulators; banks trading in the segment must follow the central bank&#039;s DIR-series guidance in paragraph 3. Stock Exchanges and Clearing Corporations must amend bye laws and systems, notify brokers and clearing members, disseminate the circular on their websites, and report implementation status to SEBI.</description>
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