Liquid Index ETFs OK'd by Sebi
Agencies: Mumbai, Nov 22 2012, 19:26 IST
conducted as part of the SLB session," the circular noted. However, Sebi has said that rollover would not be permitted for netting of counter positions -- netting between the borrowed and lent positions of a client. "Roll-over shall be available for a period of three months i.e. the original contract plus two rollover contracts," it added. Sebi has asked stock exchanges to take necessary steps for implementing the circular.
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