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Sebi bars FPIs from issuing ODIs with derivatives as underlying
Accordingly, ODIs shall only have securities (other than derivatives) as underlying and shall be fully hedged with the same securities on a one-to-one basis, throughout the tenure of the ODI,” a Sebi ...
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SEBI bars FPIs from issuing ODIs with derivatives as underlying, asks for granular disclosure from ODI subscribers
ODIs can only have securities (other than derivatives) as underlying and shall be fully hedged with the same securities on a one-to-one basis, throughout the tenure of the ODI. The regulator has ...