Risk Management norms for commodity derivatives
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..... SEBI has issued various circulars from time to time prescribing risk management norms for commodity derivatives exchanges. Post the transfer of clearing and settlement functions from commodity derivatives exchanges to Clearing Corporations, Clearing Corporations shall be required to comply with all such norms. However, norms related to minimum Liquid Net-worth and Base Minimum Capital requiremen....
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....as may be specified by SEBI from time to time shall be deducted from the liquid assets of a clearing member to arrive at 'Liquid Net-worth' of member). Acceptance of Fixed Deposit Receipts (FDRs) as collateral 3. SEBI has issued circular CIR/MRD/DRMNP/65/2016 dated July 15, 2016 on "Acceptance of Fixed Deposit Receipts (FDRs) by Clearing Corporations" to Recognised Clearing Corporations. Commodi....




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