Reduction in Daily Price Limits& Near month Position Limits for Agricultural Commodity Derivatives and Suspension of Forward Segment

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....Madam, Sub.: Reduction in Daily Price Limits& Near month Position Limits for Agricultural Commodity Derivatives and Suspension of Forward Segment 1. With aviewto curb the speculative participation and consequent volatility in prices of agricultural commodities derivatives, the following have been decided: a. Reduction in Daily Price Limits (DPL): i. DPL for agricultural commodity....

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....on all trading days. iv. The revised DPL norms shall be applicable with effect from February 1, 2016 b. Reduction in Near month Position Limits: i. Currently in case of agricultural commodity derivatives, client level and member level near month position limits in any commodity are 50% of their overall position limits for that commodity. This near month position limit has now ....