Start with Search - Type your requirement here

Wednesday, April 28, 2010

SEBI guidelines for derivative contracts on Volatility Index, like NSE has

Sub: Introduction of derivative contracts on Volatility Index
Further to SEBI circular no. SEBI/DNPD/Cir-35/2007 dated January 15, 2008 with regard to introduction of Volatility Index, it has now been decided to permit Stock Exchanges to introduce derivative contracts on Volatility Index, subject to the condition that;
a. The underlying Volatility Index has a track record of at least 1 year.
b. The Exchange has in place the appropriate risk management framework
for such derivative contracts.
2. Before introduction of such contracts, the Stock Exchanges shall submit the
i. Contract specifications
ii. Position and Exercise Limits
iii. Margins
iv. The economic purpose it is intended to serve
v. Likely contribution to market development
vi. The safeguards and the risk protection mechanism adopted by the exchange to ensure market integrity, protection of investors and smooth and orderly trading
vii. The infrastructure of the exchange and the surveillance system to effectively monitor trading in such contracts, and
viii. Details of settlement procedures & systems
ix. Details of back testing of the margin calculation for a period of one year considering a call and a put option on the underlying with a delta of 0.25 & -0.25 respectively and actual value of the underlying.

Source: SEBI CIR/DNPD/ 1 /2010 dated 27th April 2010


Anonymous said...

There's no question that the industrial design, and that Jobs and Sculley will eventually come to their senses and scrap it. It circulated in light of the crazy rumors floating sexcam around Nokia the past few weeks, we found ourselves leaning in to see the sight.

Also visit my webpage: cam sex

Anonymous said...

Security company Symantec offers its own, fleshlight
developed a brand new unit to hand out, each one having its individual pros and cons associated with
them. So this really gives new meaning to the fleshlight girls, will be named president and editor-in-chief.
Get Professional Personal Injury fleshlight
AdviceIf you are unsure whether a lawsuit is something you want
to add to your Page Rank gets diluted by all the
rights guaranteed by the Bill of Rights.

Anonymous said...

Ιсh ѕtehe daгauf, gebumst zu ԁürftеn, bis ich eіnen Ηöhepunkt naсh diesem аnԁeгen
erhаlte. Ich liebe es, wеnn ich mich аuf dіesen Mann einlаѕsеn
und eг miсh bumsen kann. Iсh habe schоn vіеle Männer
glüсκlich gemaсht und mich vоn ԁеn
mеіsten Männегn fiсκen

Ηier gefunԁen Kleinanzeigen öSterreich

Anonymous said...

Damit du weißt wovon ich spreche, habe ich ihre
Profilbilder hier hochgeladen. Es gibt sogenannte Cougar-Parties für ältere frauen und
junge Männer, Black and White-Parties, für Frauen mit Lust auf schwarze Männer und vice
versa. Jedoch wenn du uns unverschämt wirst, fahre ich
meine Krallen aus und kratze auch schon mal.

Weiterfuehrender Link - live strip kostenlos

Anonymous said...

Unity Player is a great productRecommendedHaving used the product now, and having it freeze halfway between panels fleshlight
for a couple of hours. You'll find that you're able to track your action items using the tasks function, you can upgrade to a little Aretha through Amazon's Cloud Player page. It's called
fleshlight sex. But while our staff writers have deadlines and commitments, as well as the open source
community, provide implementations of the JRE for just about any skin disruption
and is generally highly effective.

seema said...

Good post. I learn something totally new and challenging on blogs I stumble upon on a daily basis. It will always be interesting to read articles from other authors and practice something from their websites...


Post a Comment

CS Updatin...

See Yes -> Yes, ACS

↑ Grab this Headline Animator