Additional Risk management measures for derivatives segment
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....Based on the feedback received from the Clearing Corporations and the recommendations of the Risk Management Review Committee (RMRC) of SEBI, the following additional risk management measures are required to be complied with and implemented by the stock exchanges/clearing corporations for derivatives segment. Margin Collection Requirement 2. For the Equity Derivatives segment, the client margins....
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.....e. Custodial Participants and Trading Members - for their proprietary positions) and by Trading Members from their clients. Computation of Liquid Net worth 4. Further to SEBI circular IES/DC/Cir-4-99 dated 28th July, 1999, it is clarified that for the equity derivatives segment, the liquid net worth shall be arrived at by deducting initial margin and the exposure margin/extreme loss margin from....