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SEBI Implements New Guidelines for Intraday Index Derivative Monitoring from April 1, 2025.

Banking & Finance | Dated: 31 Mar 2025

In March 2025, Mumbai (Maharashtra)-based market regulator, Securities and Exchange Board of India (SEBI), issued new guidelines for monitoring intraday position limits for exchanges and clearing corporations (CCs).

🎯 Key Highlights:

  • - As per the new norms, stock exchanges will monitor position limits for index derivatives on an intraday basis, effective from April 1, 2025.
  • - SEBI has clarified that no penalties will be imposed for breaching existing position limits during the trading day until further notice.
  • - SEBI has proposed new position limits for index derivatives to better reflect actual market risks.

💡 Other Important Facts:

  • (i) For index options, the end-of-day limits are set at Rs 500 crore (net) and Rs 1,500 crore (gross), while intraday limits are Rs 1,000 crore (net) and Rs 2,500 crore (gross).
  • (ii) For index futures, the end-of-day limit has been increased from Rs 500 crore to Rs 1,500 crore, with an intraday limit of Rs 2,500 crore.
  • (iii) SEBI has extended the deadline for Regulated Entities (REs) to adopt the Cybersecurity and Cyber Resilience Framework (CSCRF) until June 30, 2025, providing a 3-month extension from the original deadline.

📚 Test Your Knowledge:

Recently, in March 2025, SEBI issued new guidelines for monitoring which financial instruments?

Correct Answer: Index derivatives

🚀 Quick Recap:

About SEBI

  • Chairperson : Tuhin Kanta Pandey
  • Headquarter : Mumbai