REVISED EXPOSURE MARGIN FOR EXCHANGE TRADED EQUITY DERIVATIVES
With a view to ensure market safety and safeguard the interest of investors, it has now been decided
that the exposure margin for exchange traded equity derivatives shall be higher of 10% or 1.5 times the standard deviation (of daily logarithmic returns of the stock price), with effect from October 21, 2008.
that the exposure margin for exchange traded equity derivatives shall be higher of 10% or 1.5 times the standard deviation (of daily logarithmic returns of the stock price), with effect from October 21, 2008.
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