Sebi's New F&O Rules Come Into Effect

Key Points

• 1Three measures of Sebi's new F&O rules come into effect from November 20, as per the article.
• 2The minimum contract size for index futures will be recalibrated to Rs 15 lakh, states the article.
• 3Each exchange may provide derivatives contracts for only one of its benchmark index with weekly expiry, as per the article.
• 4The markets regulator has increased the tail-risk coverage by levying an additional ELM of 2 percent for short-options contracts.
• 5The upfront collection of options premium from options buyers will be mandated from February 1, 2025, according to the article.
• 6Intraday monitoring of position limits will be effective from April 1, 2025, as per the article.
• 7The benefit of offsetting positions across different expiries will not be available on the day of expiry, as per the article.