Disclosure by Exchanges related to Deliverable Supply and Position Limits Calculation for Agricultural Commodity Derivatives

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..... Derivatives Exchanges Dear Sir / Madam, Sub.: Disclosure by Exchanges related to Deliverable Supply and Position Limits Calculation for Agricultural Commodity Derivatives 1. After due consultation with various stakeholders and on the basis of recommendations of CDAC (Commodity Derivatives Advisory Committee), SEBI vide its circular No. CDMRD/DMP/CIR/P/2017/84 dated July 25, 2017 had pre .....

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..... imits. Numerical values of position limits for any agricultural commodity shall be revised only if the computation results in a revision in the value by at least 5% compared to previous year's limits. Exchanges shall, after prior intimation to SEBI, notify such details to the market through their respective websites sufficiently in advance and latest by 31st of July (unless extended by SEBI un .....

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..... ementation of the same. b) bring the provisions of this circular to the notice of the members of the Exchange and also to disseminate the same on their website. c) communicate to SEBI, the status of the implementation of the provisions of this circular. 6. This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, .....

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..... hange wide limit Production Import Total Total (in Cr) (Board/ Narrow/ Sensitive) Production Import Total Overall Near Month Ov .....

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..... * A member s open interest limit at overall (all contracts) level will be either the absolute number indicated above or 15% of the total market wide open position in the commodity, whichever is higher. (As per Clause 5.3 of the SEBI Circular SEBI/HO/CDMRD/DMP/CIR/P/2016/96 dated September 27, 2016) .....

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