Sebi reviews position limits for non-agri contracts
In short
Sebi chairman Tuhin Kanta Pandey said on Saturday that the regulator is looking at position limits for non-agricultural contracts. He said the aim is to improve liquidity and market depth while keeping risk controls in place.
This matters for commodity traders and exchanges because rules can affect how easily contracts grow and trade. The reporting does not say when the guidelines will be issued or what the final limits will be.
What the reporting says
Sebi chairman Tuhin Kanta Pandey said the regulator is examining position limits for non-agricultural contracts to improve liquidity and depth without weakening risk controls. He also said commodity market reforms may use a phased approach to physical settlement for agricultural contracts, letting products gain scale before mandatory settlement. What is not stated is the final rule, scope or timing of any guideline.
Why it matters
Sebi chairman Tuhin Kanta Pandey said the market regulator is examining position limits for non-agricultural contracts to improve liquidity and depth. He also pointed to a phased approach for agricultural contracts, where physical settlement could come later after contracts build scale. The reporting says consultations are complete, but it does not state the final guidelines, implementation date or any numeric limits.