Revision in computation of Core Settlement Guarantee Fund in Commodity Derivatives Segment - SEBI - SEBI/HO/MRD/MRD-POD-1/P/CIR /2023/78

..... Corporations and Stock Exchanges. The said circular provides detailed guidelines regarding, inter-alia, computation of Minimum Required Corpus of core SGF as well as contribution to core SGF. Further, SEBI vide circular SEBI/HO/CDMRD/DRMP/CIR/P/2018/111 dated July 11, 2018 mandated a minimum amount of MRC of Rs.10 crores for Stock Exchanges having Commodity Derivatives Segment (CDS). 2. While granting recognition to Clearing Corporations in 2018, considering the growth of commodity derivatives .....

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Revision in computation of Core Settlement Guarantee Fund in Commodity Derivatives Segment - SEBI

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..... 1, 2018 and excess contribution, if any, may be returned to the contributing stakeholders on a pro-rata basis, after taking due approval from SEBI. 5. The circular shall come into effect from June 01, 2023. 6. The circular has been issued with the approval of Competent Authority. 7. This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development .....

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Revision in computation of Core Settlement Guarantee Fund in Commodity Derivatives Segment - SEBI

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