https://www.taxtmi.com/circulars?id=60230 SEBI caps FII gross open positions in exchange traded interest rate derivatives at USD 100 million plus the book value of their Government Securities cash exposure; sub account and NRI near month client limits are the higher of Rs. 100 crore or 15% of total open interest. Exchanges must monitor limits per prior SEBI guidance: FIIs report Government Securities exposure to Clearing Members, Clearing Members report to Exchanges, and Exchanges apply monitoring analogous to equity derivative oversight, with NRI monitoring following the referenced circular. en-us Tue, 09 Mar 2004 00:00:00 +0530 Mon, 18 Mar 2019 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60230 SEBI caps FII gross open positions in exchange traded interest rate derivatives at USD 100 million plus the book value of their Government Securities cash exposure; sub account and NRI near month client limits are the higher of Rs. 100 crore or 15% of total open interest. Exchanges must monitor limits per prior SEBI guidance: FIIs report Government Securities exposure to Clearing Members, Clearing Members report to Exchanges, and Exchanges apply monitoring analogous to equity derivative oversight, with NRI monitoring following the referenced circular. Circulars SEBI Tue, 09 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60230