Revised Exposure Margin for Exchange Traded Equity Derivatives
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....ange Traded Equity Derivatives This is in partial modification of SEBI Circular No. SMDRP/DC/CIR-13/02 dated December 18, 2002 which, inter-alia, specified that the exposure margin shall be higher of 5% or 1.5 times the standard deviation (of daily logarithmic returns of the stock price) of the notional value of the gross open position in single stock futures and gross short open position in stoc....




TaxTMI
TaxTMI