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Commodities Briefing - Categorized | Currencies, Regulatory more

SEBI raises trading limits in currency derivatives

Posted on 26 March 2009

From Reuters: India’s capital market regulator has allowed companies to increase their exposure to the currency derivatives market by raising position limits for clients and non-bank trading members.

In a statement on its website on Tuesday, the Securities and Exchange Board of India said the limit on the gross open position of a client across all contracts is now 6 percent of the total open interest or $10 million whichever is higher……Full Article: Source


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VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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