{"id":1289,"date":"2025-06-10T08:21:59","date_gmt":"2025-06-10T08:21:59","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=1289"},"modified":"2025-06-10T08:22:00","modified_gmt":"2025-06-10T08:22:00","slug":"sebi-circular-dated-29-05-2025-measures-for-trading-convenience-and-strengthening-risk-monitoring-in-equity-derivatives","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/06\/10\/sebi-circular-dated-29-05-2025-measures-for-trading-convenience-and-strengthening-risk-monitoring-in-equity-derivatives\/","title":{"rendered":"SEBI Circular Dated 29\/05\/2025 &#8211; Measures for Trading Convenience and Strengthening Risk Monitoring in Equity Derivatives"},"content":{"rendered":"\n<p>The key revisions include a new method for calculating Open Interest (OI) as Future Equivalent Open Interest (FutEq OI) at a portfolio level, using delta adjustments for futures and options. The Market Wide Position Limit (MWPL) for single stocks will now be lower of 15% of free float or 65 times the Average Daily Delivery Value, with a 10% free float floor. During a ban period for single stocks, any trading must result in a reduction of FutEq OI by the end of the day. Intraday monitoring of MWPL utilization will be performed randomly by stock exchanges.\u00a0<\/p>\n\n\n\n<p>&#8212; New position limits for index futures and options have been set, with a glide path for implementation of index options limits until December 5, 2025. Additionally, the pre-open session will extend to current-month futures contracts, and new eligibility criteria for derivatives on non-benchmark indices have been defined. Also, individual entity-level position limits for single stocks have been recalibrated based on the new MWPL definition. These changes will be implemented in phases, with various effective dates ranging from 1<sup>st<\/sup>&nbsp;July 2025, to 6<sup>th<\/sup>&nbsp;December 2025.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sebi.gov.in\/legal\/circulars\/may-2025\/measures-for-enhancing-trading-convenience-and-strengthening-risk-monitoring-in-equity-derivatives_94293.html\"><em>(Link: SEBI Circular Dated 29\/05\/2025)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The key revisions include a new method for calculating Open Interest (OI) as Future Equivalent Open Interest (FutEq OI) at [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[52,57],"tags":[],"class_list":["post-1289","post","type-post","status-publish","format-standard","hentry","category-sebi","category-circulars-sebi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI Circular Dated 29\/05\/2025 - Measures for Trading Convenience and Strengthening Risk Monitoring in Equity Derivatives - Bhatia Bhola &amp; 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