Securities and Exchange Board of India (Sebi) has proposed to reset equity derivatives position limits using a futures equivalent value for better risk control.

India’s market regulator Sebi has released a consultation paper proposing changes to how position limits are calculated for equity derivatives traders. Under the proposal, Sebi has suggested a new position limit for index options Sebi said it is reviewing the existing position limit framework for futures and options (F&O) trading members, with a focus on aligning limits using a futures equivalent value approach. Public comments on the proposal are open until 26 December. A futures