https://www.taxtmi.com/circulars?id=59095 Institutes a cross margin facility for institutional cash positions with offsetting stock futures so that VaR margin is not charged on the cash position to the extent of the offsetting futures, while Extreme Loss and Mark-to-Market margins remain applicable; near-month futures are excluded three days before expiry and F&O margins are unchanged. Exchanges must adopt systems, amend rules, notify members, publish the provisions, and report implementation status monthly under enabling regulatory powers. en-us Mon, 05 May 2008 00:00:00 +0530 Sat, 12 Jan 2019 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59095 Institutes a cross margin facility for institutional cash positions with offsetting stock futures so that VaR margin is not charged on the cash position to the extent of the offsetting futures, while Extreme Loss and Mark-to-Market margins remain applicable; near-month futures are excluded three days before expiry and F&O margins are unchanged. Exchanges must adopt systems, amend rules, notify members, publish the provisions, and report implementation status monthly under enabling regulatory powers. Circulars SEBI Mon, 05 May 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59095