https://www.taxtmi.com/circulars?id=58158 FPIs are permitted to trade in the exchange traded currency derivatives segment if eligible under FEMA schedules, subject to position limits per stock exchange. FPIs may take long and short positions up to prescribed thresholds without underlying exposure; exceeding long thresholds requires underlying exposure in Indian debt or equity securities. Short positions have a separate cap and breaches restrict further shorting until compliance. Clearing corporations and custodians must report aggregated positions and underlying exposure market values to the FPI's designated bank. en-us Fri, 20 Jun 2014 00:00:00 +0530 Mon, 10 Dec 2018 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58158 FPIs are permitted to trade in the exchange traded currency derivatives segment if eligible under FEMA schedules, subject to position limits per stock exchange. FPIs may take long and short positions up to prescribed thresholds without underlying exposure; exceeding long thresholds requires underlying exposure in Indian debt or equity securities. Short positions have a separate cap and breaches restrict further shorting until compliance. Clearing corporations and custodians must report aggregated positions and underlying exposure market values to the FPI's designated bank. Circulars SEBI Fri, 20 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58158