https://www.taxtmi.com/circulars?id=64616 SEBI amends stress-testing norms for commodity derivatives to cap extreme historical price returns by replacing returns beyond a Z-score of 10 with the Z-score-10 movement; the Z-score is computed using mean and sigma of returns over the applicable MPOR across a 15-year period. This measure addresses exceptional volatile price events and is effective on issuance. en-us Mon, 21 Dec 2020 00:00:00 +0530 Mon, 21 Dec 2020 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64616 SEBI amends stress-testing norms for commodity derivatives to cap extreme historical price returns by replacing returns beyond a Z-score of 10 with the Z-score-10 movement; the Z-score is computed using mean and sigma of returns over the applicable MPOR across a 15-year period. This measure addresses exceptional volatile price events and is effective on issuance. Circulars SEBI Mon, 21 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64616