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    <title>Enhancement of Dynamic Price Bands for scrips in the Derivatives segment</title>
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    <description>The circular enhances dynamic price bands by increasing preconditions for flexing to more trades, unique UCCs and trading members; implementing phased, smaller flex increments with longer cooling-off periods; requiring concurrent sliding of the opposite band and cancellation of orders outside the slid band; applying temporary option floors/ceilings linked to LTP or theoretical prices during cooling-off; and mandating cross-exchange alignment, operational procedures, infrastructure changes and phased implementation.</description>
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