Modification in Daily Price Limits (DPL) for Commodity Futures Contracts

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....modity Futures Contracts 1. SEBI vide Circular No. SEBI/HO/CDMRD/DNPMP/CIR/P/2021/9 dated January 11, 2021 has revised the norms for Daily Price Limit (DPL) for commodity futures contracts. 2. The exchanges have informed that closing price on domestic exchange differs from closing price on international exchange/s (after necessary currency conversion), because of difference in methodology of ca....

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....ant details and justification for the same." 4. Further, to maintain parity between Para 7.4 and Para 7.5 of the instant SEBI Circular, Para 7.5 is substituted with the following: "7.5 Only in the event of exceptional circumstances, where there is extreme price movement, beyond the initial slab of the DPL, in the international markets, during trading hours or after the closure of trading on do....