Framework for Short Selling

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....ssued the Master Circular for Stock Exchnages and Clearing Corporations. Paragraph 10 of Chapter 1 of the Master Circular contains the framework on 'Short Selling and Securities Lending and Borrowing Scheme'. 2. The broad framework for short selling is specified in 'Annexure 3' of Chapter 1 of the said Master Circular. In this regard, it is mentioned that the contents of 'Annexure 3' of Chapter 1....

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....er words, all transactions would be grossed for institutional investors at the custodians' level and the institutions would be required to fulfill their obligations on a gross basis. The custodians, however, would continue to settle their deliveries on a net basis with the stock exchanges. 5. The stock exchanges shall frame necessary uniform deterrent provisions and take appropriate action again....

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....e a similar disclosure by the end of the trading hours on the transaction day. 9. The brokers shall be mandated to collect the details on scrip-wise short sell positions, collate the data and upload it to the stock exchanges before the commencement of trading on the following trading day. The stock exchanges shall then consolidate such information and disseminate the same on their websites for t....