Reduction in Daily Price Limits& Near month Position Limits for Agricultural Commodity Derivatives and Suspension of Forward Segment

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..... tion in Daily Price Limits Near month Position Limits for Agricultural Commodity Derivatives and Suspension of Forward Segment 1. With aviewto curb the speculative participation and consequent volatility in prices of agricultural commodities derivatives, the following have been decided: a. Reduction in Daily Price Limits (DPL): i. DPL for agricultural commodity derivatives contracts s .....

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..... f 4%. iii. The above slab-wise DPL norm shall be applicable uniformly on all trading days. iv. The revised DPL norms shall be applicable with effect from February 1, 2016 b. Reduction in Near month Position Limits: i. Currently in case of agricultural commodity derivatives, client level and member level near month position limits in any commodity are 50% of their overall position lim .....

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..... provisions of this circular to the notice of the members of the Exchange and also to disseminate the same on their website. iii. communicate to SEBI, the status of the implementation of the provisions of this circular. 5. This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors .....

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