The National Stock Exchange (NSE) on October 13, 2023, issued a notification regarding the Volatility Category for Gold, Silver, Copper, Aluminium, Lead, Nickel, Zinc
This has a reference to Circular No. NCL/COM/58930 dated October 13, 2023, Circular no. NCL/COM/58931 dated October 13, 2023, Circular no. NCL/COM/58936 dated October 13, 2023, Circular no. NCL/COM/58228 dated September 05, 2023, and with reference to SEBI Circular dated January 27, 2020, on Review of Margin Framework for Commodity Derivatives Segment.
The following has been stated namely: -
• It states that the Volatility Category and Margin parameters based on the criteria specified have been attached to the Table
• It states that the applicable minimum IM %, SOMC%, VSR%, and minimum MPOR shall also be applicable to the variants of the mentioned commodities.
• It further states that the Minimum IM % mentioned in the table shall not be scaled up by MOPAR
Kindly refer to the document to view the Table
[Notification No. NCL/COM/58938]
