SEBI is widening its regulatory playbook for foreign portfolio investors (FPIs) participating in exchange-traded commodity derivatives. The changes outline additional position-related restrictions and timing rules intended to shape how FPIs build exposure in these markets.
According to reporting, one specific provision is that FPIs are not permitted to increase their positions from the T-3 day onwards. This means restrictions apply starting three trading days before relevant reference points used by the market or contracts, limiting the scope for late-stage accumulation of positions. Other details of the expanded framework are described as broader playbook adjustments, though the coverage provided here focuses mainly on the T-3 restriction.
Across the available sources, the emphasis remains consistent on SEBI’s move to tighten operational parameters for FPIs in commodity derivatives, with the shared, clearly stated point being the prohibition on increasing positions from T-3 day onward.
