Review of the framework of position limits for Interest Rate Futures contracts

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Full Text of the Document

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....ents in the Interest Rate Futures contracts, it is clarified that the position limit linked to open interest shall be applicable at the time of opening a position. Such positions shall not be required to be unwound immediately by the market participants in the event of a drop of total open interest in Interest Rate Futures contracts within the respective maturity bucket. 2. However, in the aforem....