https://www.taxtmi.com/circulars?id=58226 The circular prescribes a consolidated regulatory framework for exchange-traded derivatives covering standardized contract design and listing procedures, portfolio-based margining using worst-scenario VaR methodologies with specified scan ranges and minimum margins, collateral valuation and haircut rules, real-time margin collection and exposure limits tied to clearing members' liquid net worth, and comprehensive surveillance, unique client coding, position limits and governance standards for exchanges, clearing corporations, trading members and clients. en-us Mon, 02 Jan 2012 00:00:00 +0530 Thu, 13 Dec 2018 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58226 The circular prescribes a consolidated regulatory framework for exchange-traded derivatives covering standardized contract design and listing procedures, portfolio-based margining using worst-scenario VaR methodologies with specified scan ranges and minimum margins, collateral valuation and haircut rules, real-time margin collection and exposure limits tied to clearing members' liquid net worth, and comprehensive surveillance, unique client coding, position limits and governance standards for exchanges, clearing corporations, trading members and clients. Circulars SEBI Mon, 02 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58226