Operational Efficiency in Monitoring of Non-Resident Indians (NRI) Position Limits in Exchange Traded Derivatives Contracts - Ease of Doing Investment
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....y in Monitoring of Non-Resident Indians (NRI) Position Limits in Exchange Traded Derivatives Contracts - Ease of Doing Investment 1. SEBI, vide Para II of Circular no. SEBI/DNPD/Cir-17/2003/10/29 dated October 29, 2003 (hereinafter mentioned as 'circular'), inter alia, specified the operational modalities of monitoring of NRI position limits which required NRIs to notify the names of the Clearing....
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....ring Corporation shall monitor the NRI position limits in the manner similar to the client level position limits monitored by them. Position limits for NRIs shall be same as the client level position limits specified by SEBI from time to time. 3. The Stock Exchanges/Clearing Corporations are directed to: 3.1. bring the provisions of this circular to the notice of their members and also dissemina....