Market regulator SEBI has made a big announcement. These rules are not for common investors but are related to stock market brokers. Brokers have been given a big relief in the new circular. SEBI has decided to increase the position limit of any one broker. According to SEBI's circular, the position limit of the broker in index futures and options has been increased to Rs 7500 crore or 15% of the total open interest. Earlier this limit was Rs 500 crore or 15% of the total open interest.

SEBI has clarified that the position limit includes the proprietary positions of the broker along with his clients.

Also, the position limit will be different for index futures and options. The decision to increase the position limit will be implemented immediately. Actually, due to the continuous increase in the market cap of the index, the limit of Rs 500 crore per broker was becoming very small. SEBI has also clarified that the position limit will be monitored on the basis of the open interest of the previous day. Who will benefit from discount brokers? - Discount brokers will benefit more from SEBI's increase in position limit. The limit of 15% or Rs 500 crore often fell short. Due to this, brokers used to ban taking new positions. By increasing the limit, the problem of position freezing will be reduced to a great extent. Before leaving, let us give information about one more rule... New rules will be implemented from November 11 -  First of all, let us tell you what is the meaning of payout from demat account. If you withdraw money by selling any of your shares or other instruments like bonds etc. and transfer it to the bank account, then this process is called payment payout. Many times money remains in your demat account and you do not use it, then it reaches your bank account again through clearance service. This service is also called demat payout. SEBI has changed the rules related to this. Market regulator SEBI on Thursday extended the deadline to November 11 to implement the guideline regarding direct pay-out of securities in the client's demat account. Earlier this rule was to be implemented from October 14. Under the direct pay out system, clearing corporations (CCs) transfer securities directly to the investors' accounts; this new system is yet to be implemented.