Review of the framework of position limits for currency derivatives contracts

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....ts With the view to ease trading requirements in the currency derivatives segment, 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 in the event of a drop of total open interest in a currency pair at the stock exchange. 2. However, in the aforementioned scenario, the eligible ....

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....vant bye-laws, rules and regulations. (b) bring the provisions of this circular to the notice of the stock brokers / clearing members and also disseminate the same on their website; (c) communicate to SEBI the status of implementation of the provisions of this circular. 6. Depositories are directed to forward this circular to DDPs, who shall in turn bring the contents of this circular to the no....