https://www.taxtmi.com/circulars?id=60405 SEBI requires VaR based margin to be collected upfront at the time of trade, to be collected or adjusted against additional capital or collateral in the prescribed form, and permits release of that margin along with the pay-in. Stock exchanges must implement the change after necessary software modifications, amend bye-laws and rules, notify members and publish the provisions, and report implementation status to SEBI as directed. en-us Tue, 30 Dec 2003 00:00:00 +0530 Fri, 29 Mar 2019 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60405 SEBI requires VaR based margin to be collected upfront at the time of trade, to be collected or adjusted against additional capital or collateral in the prescribed form, and permits release of that margin along with the pay-in. Stock exchanges must implement the change after necessary software modifications, amend bye-laws and rules, notify members and publish the provisions, and report implementation status to SEBI as directed. Circulars SEBI Tue, 30 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60405