SEBI has announced fresh rules for intraday trading in equity derivatives.

By Aniket Chakraborty Sept 3, 2025 Arrow INDIA NEWS

The new framework takes effect from October 1, 2025.

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Net intraday position limit: ₹50B per entity in index options.

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Gross intraday exposure capped at ₹100B, for long and short positions separately.

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End-of-day limit remains ₹15B per entity in index options.

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Stock exchanges will monitor compliance via at least four random snapshots daily.

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One snapshot will be taken during peak trading hours, between 2:45–3:30 pm.

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Entities breaching limits must explain trading patterns to exchanges.

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Breaches on contract expiry day will attract penalties.

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The move follows SEBI’s ban on US firm Jane Street over manipulative strategies.

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