https://www.taxtmi.com/circulars?id=65593 Intra day verification of upfront client margins in derivatives shall use fixed Beginning of Day margin parameters comprising SPAN and ELM requirements; this change applies only to verification snapshots. There is no change to End of Day margin calculation or cash segment collection. Clearing Corporations will continue to update margin parameters intra day for actual collection. Exchanges and Clearing Corporations must implement system and rule changes, notify members, and report implementation status; the framework amends prior SEBI circulars and is effective August 01, 2022. en-us Tue, 10 May 2022 00:00:00 +0530 Wed, 11 May 2022 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65593 Intra day verification of upfront client margins in derivatives shall use fixed Beginning of Day margin parameters comprising SPAN and ELM requirements; this change applies only to verification snapshots. There is no change to End of Day margin calculation or cash segment collection. Clearing Corporations will continue to update margin parameters intra day for actual collection. Exchanges and Clearing Corporations must implement system and rule changes, notify members, and report implementation status; the framework amends prior SEBI circulars and is effective August 01, 2022. Circulars SEBI Tue, 10 May 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65593