Comment on Policy on settlement of compulsory delivery derivative contracts
commented on
28 Aug 2019, 12:07 PM
Hi Ananth
I hope you have exited your positions on Monday.
The timing of the mail is grossly wrong, even I couldn’t sleep over the weekend as I had close to 5 contracts in RBL bank which is part of physical settlement.
This mail ideally should get trigger on the wednesday or thursday of the 3 week so that newbies can exit their positions on last friday.
I exited all my positions on Monday to avoid margin block but it was a heck of a weekend as I was worried about liquidity in the contracts.