Clarification on position limits of domestic institutional investors for currency derivatives contracts

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..... ide circular no. CIR/MRD/DP/20/2014 dated June 20, 2014 had revised position limits for the market participants in the permitted currency pairs. 2. In this regard, it is clarified that domestic institutional investors shall have position limits as mentioned at para 12.(a) of the SEBI circular CIR/MRD/DP/20/2014 dated June 20, 2014, subject to such domestic institutional investors being permitted .....

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..... tatus of implementation of the provisions of this circular. 5. This circular is being 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 of, and to regulate the securities market. Yours faithfully, Maninder Cheema Deputy General Manager email: m .....

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