Description
BSE publishes market wide position limits for equity derivatives trading members, FIIs, and mutual funds for August 2025.
Summary
BSE has published the Market Wide Position Limits (MWPL) for the Equity Derivatives Segment for August 2025. The circular specifies position limits for Trading Members (TM), Foreign Institutional Investors (FII), Mutual Funds (MF), and Foreign Portfolio Investors (FPI) Category I/II across 50+ stocks.
Key Points
- Position limits are set for over 50 major stocks in the equity derivatives segment
- Limits apply to Trading Members, FIIs, Mutual Funds, and FPI Category I/II
- Four different limit categories: Overall Stock Limit, Stock Futures Limit, 1% of non-promoter holdings, and Market Wide Limit
- Limits are specified in number of shares for each stock
- Effective for August 2025 trading period
Regulatory Changes
This is a regular monthly update with no structural changes to the position limit framework.
Compliance Requirements
- Trading Members must ensure their positions and client positions do not exceed the specified limits
- FIIs and MFs must monitor their derivative positions against the published limits
- Market participants must comply with both individual stock limits and overall market wide limits
- Position monitoring and compliance reporting as per existing BSE guidelines
Important Dates
- Effective Period: August 2025
- Published Date: July 31, 2025
Impact Assessment
The updated position limits will affect derivatives trading strategies for institutional investors and trading members. Higher limits for certain stocks may allow for larger positions, while reduced limits may require position adjustments. Market participants should review their existing positions against the new limits and adjust strategies accordingly for August 2025 trading.
Impact Justification
Regular monthly update of position limits affecting derivatives trading for major stocks