On 10th January 2022, National Stock Exchange Clearing Limited (NSE Clearing), a subsidiary of NSE announced the introduction of Futures and Options Contracts on Nifty Midcap Select Index. Members have been notified that all the existing clearing and settlement procedures along with the extant risk management measures adopted for futures and options contracts such as initial margins, minimum margins, position limits including the right of Clearing Corporation to close out positions shall apply mutatis mutandis to these contracts.
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