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TMI BlogProcedure for re-introduction of derivatives contracts and modified position limitsX X X X Extracts X X X X X X X X Extracts X X X X ..... edure for re-introduction of derivatives contracts and modified position limits This circular is in continuation of SEBI Circular No. SMDRP/DC/CIR-13/02 dated December 18, 2002, Circular No SEBI/DNPD/Cir-26/2004/07/16 dated July 16, 2004, Circular No SEBI/DNPD/Cir-27/2004/07/16 dated July 16, 2004 and Circular No DNPD/Cir-29/2005 dated September 14, 2005 issued to Derivative Exchange / Segment an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as compared to entry criteria in order to prevent frequent entry and exit of stocks in the derivatives segment. Therefore, for a stock to become ineligible, the criteria for market wide position limit shall be relaxed upto 10% of the criteria applicable for the stock to become eligible for derivatives trading. The other eligibility conditions would be applicable mutas mutandis for the stock to be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MITS 1. Market wide position limits for single stock futures and stock option contracts The market wide position limit for single stock futures and stock option contracts prescribed under sub-clause 4(i) of clause II of Circular No. SEBI/DNPD/Cir- 26/2004/07/16 dated July 16, 2004 stands modified. The market wide position limit shall henceforth be linked to the free float market capitalisation a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... limits in equity index option contracts: The trading member/FII/mutual fund position limits in equity index option contracts shall be higher of: • ₹ 500 Crore or • 15% of the total open interest in the market in equity index option contracts. This limit would be applicable on open positions in all option contracts on a particular underlying index. b. Trading Member/FII/ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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