SEBI modifies timeframe of reporting last Risk Parameter File for margin collection in commodity derivatives

The SEBI has modified timeframe used by the Clearing Corporations (CC) for generating margin obligations from the clients throughout the trading hours in the commodity derivatives segment. Now CCs have to send an additional minimum two snapshots for commodity derivative contracts which are traded till 9:00 PM and additional minimum three snapshots for commodity derivatives contracts which are traded till 11:30/11:55 PM. Margins shall be determined as per the relevant Risk Parameter Files.The SEBI has modified timeframe used by the Clearing Corporations (CC) for generating margin obligations from the clients throughout the trading hours in the commodity derivatives segment. Now CCs have to send an additional minimum two snapshots for commodity derivative contracts which are traded till 9:00 PM and additional minimum three snapshots for commodity derivatives contracts which are traded till 11:30/11:55 PM. Margins shall be determined as per the relevant Risk Parameter Files.taxmann.com Latest Statutory HappeningsRead More

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