Budget 2018: Brokers asked to collect higher margins to contain risks
Sebi has requested brokers to collect better margins from people with vast positions in futures and alternatives. those include overseas institutions, wealthy investors and proprietary desks.
There are worries that the large build-up of positions in fairness derivatives could pose a systemic hazard. inventory exchanges have asked agents to mop up more deposits from clients with giant publicity to derivatives.
“within the joint assembly of exchanges and Sebi, it has been determined that markets ought to be alerted at special degrees of MWPL utilisation so that buyers can take an informed choice on whether to keep or rectangular off their present positions well before regulatory/surveillance moves set in,” said an NSE circular on January 23.
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