MUMBAI: The Securities and Exchange Board of India (Sebi) has cleared the proposal allowing foreign institutional investors (FIIs) to provide AAA-rated foreign government securities as collateral for margins against transactions in the derivatives segment.
This move, which comes after the central bank clearing operational hurdles to pledge foreign securities as collateral, will allow FIIs to take higher leveraged bets in the Indian stock market.
Read More
Wednesday, September 12, 2007
FIIs can look for big derivatives play
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment