💨 Abstract

India's market regulator, SEBI, has announced an increase in the position limit for trading members in the futures and options segment. The new limit is set at 75 billion rupees ($892.73 million) or 15% of the total open interest, whichever is higher. The change is applicable for index futures and index options, and comes into effect immediately. This move aims to regulate trading activities more effectively.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖