SEBI announces new framework to curb excessive speculation in stock market

Securities and Exchange Board of India has announced a new framework to curb excessive speculation in the stock market.

The framework announced yesterday will be implemented in phased manner starting from November 20. The new rules in the Futures & Options market include changes in the contract size and Intra day monitoring of positions limit.

SEBI’s had recently done a study on the the Futures & Options segment of the market.