India's SEBI revises dynamic price bands for derivatives to enhance volatility management and minimize information asymmetry, effective June 3.
India's Securities and Exchange Board of India (SEBI) has revised dynamic price bands for scrips in the derivatives segment to enhance volatility management and minimize information asymmetry. The changes include increasing the number of trades and unique client codes needed for price band adjustments, altering cooling-off periods, and decreasing flexing percentages. New rules will be phased in from June 3.
May 24, 2024
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