Revised Position Limits for Exchange Traded Currency Derivatives

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..... ted August 6, 2008, SEBI/DNPD/Cir-45/2009 dated March 24, 2009, CIR/DNPD/5/2010 dated July 30, 2010 and CIR/DNPD/2/2012 dated May 23, 2012 which, inter-alia, specified the position limits applicable for Client and Trading Member for Exchange Traded Currency Derivatives. 2. In consultation with RBI and in view of the recent turbulent phase of extreme volatility in USD-INR exchange rate, it has b .....

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..... amendments to the relevant byelaws, rules and regulations; b) implement provisions of this circular with effect from July 11, 2013; c) bring the provisions of this circular to the notice of the trading members/clearing members and also disseminate the same on its website. 4. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange .....

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