Monday, January 11, 2010

SEBI: Market Wide Position Limits Across Exchanges

According to new measure of SEBI to streamline the operationalisation of Market Wide Position Limits (MWPL), it has issued following timelines for the last trading day:

By 6:30 PM - ISIN, Name, Interest and MWPL of the securites should be published on web.
By 7:00 PM - Permissible limits for the next day should also be published.
By 7:15 PM - Any discrepancy should be solved.

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