Sebi allows cross margins on commodity futures trades
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Synopsis
The move is part of Sebi s effort to improve the efficiency of the use of the margin capital by market participants, the regulator said.
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The clearing corporation will have the option to liquidate the positions or collateral and use the proceeds to meet the default obligation, Sebi said.
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Mumbai: In a move to deepen the commodity derivatives segment (CDS), market regulator the Securities and Exchange Board of India (Sebi) has permitted exchanges to offer cross-margining benefits to clients arbitraging between commodity index futures and their underliers, which could slash margins to trade to just a fourth of that presently chargeable.
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Hi there, Good Morning. Welcome to ETMarkets Morning podcast, the show about money, business and markets. I am Sabari Saran. Let s start with the headlines first
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