The International Financial Services Centres Authority has vide circular dated 11.03.2022 has issued clarification Negotiated Large Trade facility on Stock Exchanges. In order to facilitate connects of recognised stock exchanges in IFSC with international exchanges, the price limits on NLT facility may be aligned with the international exchange for such derivatives products that are having connect with any international exchange.
In respect of other derivatives products, the price limits mentioned at clause 2(b) of circular dated June 22, 2021 may be decided by the recognized stock exchanges ensuring that such limits are fair and reasonable.
