CPAI asks Sebi to continue with current 50% peak margin requirement; defers next stage
NEW DELHI: Commodity Participants Association of India (CPAI) has asked markets regulator Sebi to continue with the current level of 50 per cent peak margins and defer the proposed higher limit of 75 per cent for the time being. The association has raised concerns ahead of the rollout of the new 75 per cent peak margin requirement from June 1.
In its virtual meeting with Sebi on Friday, the CPAI presented possible scenarios that may emerge during the next phase of peak margin.
It said that a situation…
