Mumbai: The Indian Clearing Corporation Ltd (ICCL) has issued a consolidated notification outlining the penalties applicable for trading limit and position limit violations across multiple market segments.

This initiative aims to provide greater transparency and uniformity in the treatment of regulatory breaches within the capital markets. Read Also BSE Announces Demat Auction For Settlement DR-719, Trading Members Can Place Offers On Sept 22

Revised Rules for Trading Limit Violations

For the Equity Cash, Equity and Currency Derivatives segments, ICCL has categorized penalties based on the frequency of violations in a calendar month. The first instance attracts a charge of 0.07 percent per day, while repeated violations lead to incremental fixed penalties, with additional escalation

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