SEBI Extends Cross-margin Benefits for Index and Stock Futures in Offsetting Positions With Different Expiry Dates

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  • Last Updated on 25 April, 2024

SEBI's Cross-margin Benefits

Circular No. SEBI/HO/MRD/TPD-1/P/CIR/2024/24; Dated: 23.04.2024

SEBI has extended cross-margin benefits on offsetting positions having different expiry dates subject to certain conditions. A spread margin of 40% would be levied in case of offsetting positions in correlated indices having different expiry dates. A spread margin of 30% would continue to be levied in case of the same expiry date (i.e. the existing requirement). Presently, cross-margin benefits are provided if both the correlated indices or an index and its constituents have the same expiry date.

Click Here To Read The Full Circular

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