India’s market regulator on Thursday said it would increase the position limit for trading members in the futures and options segment.

The overall position limit, including client and proprietary trades, will be set at 75 billion rupees ($892.73 million) or 15% of the total open interest in the market, whichever is higher. the Securities and Exchange Board of India said in a notification.

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This limit was earlier set at the higher of Rs 5 billion or 15 per cent of the total open interest.

The position limits will be applicable to index futures and index options separately, as is the current practice, Sebi said.

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