Trading Preferences by Clients – Applicability for commodity derivatives

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....erivatives 1. SEBI, vide circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/95 dated June 21, 2023, prescribed a revised format of "Trading Preferences" to be provided by clients to their respective stock brokers with the intent of allowing such clients access to all the exchanges for the same segment. 2. SEBI, vide its circular no. SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/92 dated September 23, 2016 (inc....

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....to members registered exclusively with commodity derivatives exchanges. Such members shall use the format as prescribed by the erstwhile Forward Markets Commission (FMC) vide its circular no. FMC/COMPL/IV/KRA-05/11/14 dated February 26, 2015, which is as under: "D. TRADING PREFERENCE Note: Please sign in the relevant boxes against the Exchange with which you wish to trade. The Exchange not cho....

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....s in writing. Stock brokers shall be mandated to maintain records of such written negative consent provided by the clients for at least five years. 5. All other provisions specified in SEBI circular dated June 21, 2023, shall continue to remain applicable. 6. Stock Exchanges are directed to: 6.1. bring the provisions of this circular to the notice of stock brokers and also disseminate the same ....