General

In what cases can a breach of exposure limits occur?

A breach can occur in the following cases:

1. Single underlying: When open positions in a specific underlying exceed permissible levels. The underlying will then be disabled for new positions.

2. Multiple underlyings: When overall exposure across all underlyings exceeds permissible limits. In this case, your account will move to Square-off mode.

3. In both cases, you can continue squaring off existing positions to reduce exposure.

For any queries, you may reach out to your Relationship Manager or Advisor.