From April 1, 2025, there will be intraday monitoring of position limits.
what does this means…
and can we have multiple accounts with multiple brokers to by pass this limit.
This is more around open interest restrictions for brokers. Which is around 15% of OI.
But even at an individual level, the OI limit is around 500cr, and that is at a PAN level, so no workaround that.
500 crore OI limit is per index / stock or overall limit per PAN level.
Please mention what is the penalty is 500 crore OI limit is breached.
@ShubhS9 answered this on this thread. He’s also explained what happens if the OI limit is breached at a PAN level.
how to calculate 500 cr
Notional value = Price * lot size.
Outright ban options. If there’s no flute, there’s no music.
SEBI will monitor intraday positions more closely, taking at least four random snapshots throughout the trading day.
can we cross 500 cr exposure limit intra day or no after april 2025