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PAYMENT OF VOLATILITY MARGINS

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Full Text of the Document

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....t mandatory for the brokers to collect margins from clients in all cases where the margin in respect of the client in the settlement, would work out to be more than Rs. 50,000. SEBI vide its press release No. PR 38/2001 dated March 5,2001 on Risk Management Measures had prescribed that: "No exemptions to be allowed in the applicability of volatility margins to any class of investors. This me....

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