In a transfer to strengthen pre-trade threat management measures, the Bombay Inventory Trade (BSE) on Friday (April 5) mentioned it is going to be implementing a Restrict Worth Safety (LPP) mechanism in its fairness derivatives section, efficient April 16, 2024.The brand new mechanism will place restrictions on the worth vary…
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RBI defers exchange-traded forex derivatives guidelines
MUMBAI: RBI has deferred the implementation of its guidelines on exchange-traded forex derivatives by a month, leading to merchants scrambling to sq. off their positions.RBI’s round, which was scheduled to come back into impact on April 5, stated that solely merchants with an underlying foreign exchange publicity can commerce in…