TMI BlogIntroduction of Derivative Contracts on Foreign Stock IndicesX X X X Extracts X X X X X X X X Extracts X X X X ..... curities and Exchange Board of India Act 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 3. The circular shall come into force from the date of the circular. 4. This circular is available on SEBI website at www.sebi.gov.in., under the category Derivatives- Circulars . Yours faithfully, Sujit Prasad General Manager Derivatives and New Products Department 022-26449460 sujitp@sebi.gov.in Encl: as above ANNNEXURE-1 INTRODUCTION OF DERIVATIVE CONTRACTS ON FOREIGN STOCK INDICES 1. Eligibility Criteria A stock exchange may ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r/Mutual Funds position limits (higher of ₹ 500 crore or 15% of the total open interest in Index derivatives) as well as the disclosure requirement for clients whose position exceeds 15% of the open interest of the market, as applicable to domestic stock index derivatives, shall be applicable to derivatives on foreign stock indices. 6. Information Sharing The stock exchange shall ensure that material price sensitive information and information relating to regulatory actions and corporate actions relating to constituent stocks of the foreign stock index, as available in public domain, are available to Indian investors. 7. Legal Compliance The stock exchange shall ensure compliance with any other legal provisions relatin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7. TAIFEX 8. Tokyo Stock Exchange Group Europe, Africa, Middle East 1. Borsa Italiana 2. Eurex 3. Johannesburg SE 4. MEFF 5. NASDAQ OMX Nordic Exchange 6. NYSE Liffe (European markets) 7. Oslo B rs 8. Tel Aviv SE - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
