Saturday, November 15, 2008

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.

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