SMDRP/POLICY/Cir-25/2000

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.... Exchanges Dear Sir/Madam, The Group on Risk Management for Equity Markets constituted by SEBI met on June 21, 2000, and the following decisions were taken: A. Compulsory Rolling Settlement •  Volatility Margin The additional volatility margin shall not be applicable for scrips in the compulsory Rolling Settlement. • Price Bands It was deci....

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....ly(high-low)/low) exceeds 80% instead of of 60% prescribed earlier. ii. The slabs for volatility margins and the margin rates would be as follows: Volatility Percentage Margin More than 80% upto 100% 10% More than 100% upto 150% 15% More than 150% 25% iii. The new structure would be applicable from the account period commencing immediately after June 30, 2....