Review of Norms regarding Regaining Matched Book for Commodity Derivatives Segment

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..... rms regarding Regaining Matched Book for Commodity Derivatives Segment 1. SEBI vide Circular SEBI/HO/CDMRD/DRMP/CIR/P/2016/77 dated September 01, 2016 , inter alia, prescribed norms to regain matched book vide Clause 5 of the Annexure I to the said circular. The norms prescribed four alternative tools to regain a matched book based on market conditions. 2. Based on the experience gaine .....

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..... ng of the matched book prescribed by the earlier circular dated September 01, 2016 , shall continue to prevail. 4. Further to enable timely and error free execution, CCs shall have an automated system to implement all such tools. CCs shall put in place such system, and also conduct testing of the same, within six months from the date of issuance of this circular. The other provisions of this c .....

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