After receiving representations from the members, it was decided by the exchange that the conditions for quantity freeze will not be applicable for orders on behalf of institutions entered with participant codes.
The values would be subject to review every day. In respect of orders which have come under quantity freeze,the member would be required to confirm to the exchange about the genuineness of the order. On such confirmation, the exchange may approve the quantity freeze. However, the orders that have come under the quantity freeze may be rejected for various reasons, including non-availability of turnover/exposure limits.