The National Stock Exchange (NSE) on October 11, 2023, issued the notification regarding the Volatility Category – Silver Mini, Silver Micro, WTI Crude Oil Mini, and Natural Gas Mini.
The following has been stated namely: -
• The following circulars are referred to: -
1. Circular no. 0354/2023 (Download Ref no NCL/COM/58874) dated October 11, 2023
2. Circular no. 0356/2023 (Download Ref no NCL/COM/58879) dated October 11, 2023
3. Circular no. 0302/2023 (Download Ref no NCL/COM/58228) dated September 05, 2023
4. SEBI Circular dated January 27, 2020, on Review of Margin Framework for Commodity Derivatives Segment.
• The Volatility Category and Margin parameters based on the criteria specified in the above-mentioned circular have been stated in a tabular form in the notification.
• The Minimum IM% mentioned above shall not be scaled up by MPOR
[Notification No. NCL/COM/58881]
