8. Review after six months

The group recommends that at the end of six months of futures trading, SEBI should review the risk containment measures with specific reference to the following:

  1. Removal of the transitional provisions in 3.2 (g) and (h)
  2. Review of the margins for calendar spreads as mentioned in 3.4 (b)
  3. Review of position limits as mentioned in 6.2 (b) and 6.4 (b)
  4. Cross margining between cash and futures markets (see 6.9 of LCGC report)
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