Sebi issues guidelines to strengthen riskmonitoring
New Delhi: Markets regulator Sebi on Thursday came out with a series of measures to strengthen risk monitoring in equity derivatives, including the intra-day monitoring of market-wide position on single stock derivatives.
As part of the new measures, exchanges will conduct intraday monitoring of Market-Wide Position Limit (MWPL) utilisation at a minimum of four random intervals during the trading day, Sebi said in its circular. Additionally, the regulator has introduced new eligibility criteria for derivatives on non-benchmark indices and revised individual entity-level position limits based on the updated MWPL framework. These measures will be implemented in a phased manner beginning October 1, the Securities and Exchange Board of India (Sebi) said.
The regulator noted that the derivatives market enables efficient price discovery, improved market liquidity and permits investors to manage risk.
Stock exchanges and Clearing Corporations (CCs) together provide the platform and products for trading in the derivatives market, while ensuring online real-time risk management, adequate surveillance, as well as smooth settlement of trades.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
14 hours ago
- India.com
Key Financial Changes From June 1, 2025: From EPFO 3.0 To Form 16, New Credit Card Rules, FD Rates, Aadhaar And Income Tax Deadline
photoDetails english 2909387 Key Financial Changes In June 2025: As we approaches June 2025, a series of important financial changes will take effect from today June 1, and they may directly impact how you manage your day-to-day money matters. The new changes are expected to impact individuals and businesses actively engaged in the financial sector. These updates touch on several key areas, including credit card usage, ATM withdrawal charges, LPG prices, fixed deposit interest rates, and Aadhaar car updates. Adding further, the RBI is likely to announce an interest rate cut on June 6 during the monetary policy announcement. Updated:Jun 01, 2025, 02:09 PM IST ICICI Bank FD Rates 1 / 7 Several banks have revised their fixed deposit (FD) interest rates effective June 1. ICICI Bank has reduced rates by up to 20 basis points on select tenures, with senior citizens now earning a maximum of 7.35%. Similarly, Suryoday Small Finance Bank has cut its highest rate for senior citizens from 9.1% to 8.4 per cent on 5-year FDs. Depositors are advised to review the updated rates carefully and consider strategies like FD laddering or exploring small finance banks to secure better returns. Income Tax Deadline 2 / 7 Employers must issue Form 16, the TDS certificate for salaried employees, by June 15, 2025. This document is essential for filing income tax returns and verifying tax deductions for the financial year 2024–25. EPFO 3.0 Likely Coming Soon 3 / 7 The EPFO is expected to launch EPFO 3.0, allowing instant PF withdrawals via UPI and ATMs. Users will also be able to check their PF balance and transfer funds directly through UPI platforms for added convenience. Free Aadhaar Updates End June 14, 2025 4 / 7 Online Aadhaar updates—like address or identity proof—will remain free only until June 14, 2025. After this date, charges will apply. Users should log into the myAadhaar portal to ensure all personal details are accurate and up to date. New Credit Card Rules From June 1 5 / 7 From June 1, some banks may impose additional fees for utility and fuel payments via credit cards. Reward points may be capped, and international charges or auto-debit penalties revised. Customers should check updated policies with their banks. SEBI Revises Cut-off Timings For Overnight Mutual Funds 6 / 7 From June 1, 2025, SEBI has updated the transaction cut-off timings for overnight mutual funds to 3 PM for offline and 7 PM for online modes. Investors must complete transactions before these times to receive same-day processing. UPI Name Verification Mandatory from June 30 7 / 7 The NPCI has mandated that all UPI apps must display the verified name of the beneficiary from June 30. This change aims to prevent fraud and mistaken payments by improving transparency in peer-to-peer transactions.
News18
16 hours ago
- News18
NSE IPO: Exchange's Unlisted Shares Hit Record High Amid Settlement Talks With SEBI
Last Updated: According to reports, SEBI could now demand nearly twice the amount NSE paid in its previous record Rs 643 crore Trading Access Point (TAP) case settlement in 2023. NSE IPO: Shares of the National Stock Exchange (NSE) in the unlisted market have surged to a record high of Rs 2,300 after at least two media reports emerged that the exchange is working towards settling the long-standing co-location case with the Securities and Exchange Board of India (SEBI). It paves the doors for NSE to bring out the long-standing IPO. The development comes as both NSE and SEBI have reportedly restarted discussions to arrive at a consent settlement, marking a possible turning point in a regulatory saga that has been a major hurdle in NSE's IPO ambitions for years, according to MoneyControl report. The case, which is currently pending before the Supreme Court, had earlier seen SEBI challenge a Securities Appellate Tribunal (SAT) ruling that diluted penalties imposed on NSE in 2019. Earlier, The National Stock Exchange (NSE) had clarified that it has not approached the Ministry of Finance regarding its long-pending Initial Public Offering (IPO), contrary to a recent media report. NSE stated that it has not made 'any such representation to the Union Government in the last 30 months." There has been no communication between NSE and the Ministry of Finance on this issue. Krishna Patwari, Founder and Managing Director of Wealth Wisdom India Pvt Ltd, said SEBI's move signals a shift in regulatory tone and has boosted investor sentiment around the NSE's public listing. NSE's share price in the unlisted market has jumped to Rs 2,300, pushing its market cap to around Rs 5.69 lakh crore—an all-time high on May 28th, said Patwari. 'SEBI's willingness to settle long-standing regulatory issues with NSE is a major step forward," Patwari said. He added that the exchange's agreement to pay a significant sum shows its commitment to resolving legacy matters: 'The change in SEBI's stance under the new Chairman indicates a more collaborative approach. Investor confidence has surged. The spike in unlisted share prices clearly shows the optimism around NSE's IPO finally becoming a reality." What's the Co-Location Case? The co-location case revolves around allegations that certain brokers unfairly benefited by placing their servers closer to NSE's trading system within its co-location facility. This proximity allowed faster access to data and trades, providing an undue advantage over others and raising concerns of market manipulation and lack of fair access. The initial SEBI order in 2019 had imposed significant penalties, which NSE challenged before SAT. While SAT gave a relatively lenient ruling, SEBI appealed the decision in the Supreme Court, where the case remains pending. Sources told MoneyControl, SEBI could now demand nearly twice the amount NSE paid in its previous record Rs 643 crore Trading Access Point (TAP) case settlement in 2023. 'The discussions began around one and a half months ago. Currently, both sides are negotiating the amount that NSE should pay. Given the TAP case involved Rs 643 crore, SEBI may demand a significantly higher sum for the co-location matter," the source told MoneyControl. However, with a favourable SAT order already in hand, NSE may be reluctant to accept a very high settlement demand, setting the stage for tough negotiations between the two parties. First Published: June 01, 2025, 12:30 IST
&w=3840&q=100)
Business Standard
a day ago
- Business Standard
Brightcom Group Q4 results: PAT jumps 3-fold to ₹121 cr on higher revenues
Digital marketing and technology solutions provider Brightcom Group on Saturday said its consolidated Profit After Tax (PAT) jumped over three-fold to Rs 120.68 crore in the March quarter, compared to the year-ago period, mainly driven by higher revenues. In the quarter ended March 31, 2024 the company had reported a profit of Rs 37.46 crore, according to a company statement. Brightcom Group's operating income stood at Rs 987.48 crore in Q4FY25, up from Rs 704.60 crore in the same quarter of the previous year. For the fiscal 2024-25, the consolidated PAT for FY25 was Rs 710.03 crore, as against Rs 687.52 crore recorded in the previous fiscal year, the statement added. Brightcom achieved a consolidated operating income of Rs 5,146.66 crore, up from Rs 4,662.25 crore in FY24. The company further said that it has secured an interim relief from the Telangana High Court, which suspended certain penalties imposed by Sebi, citing a lack of prima facie evidence. Looking ahead, Brightcom Group is focused on launching innovative solutions in digital advertising and artificial intelligence, expanding into key global markets such as APAC, the EU, and North America, and enhancing corporate governance and investor communication, it said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
