The Bombay Stock Exchange (BSE) on January 20, 2024, issued a notification regarding additional exposure margin on Securities under MWPL – February 2024
The following has been stated: -
•ICCL shall levy an additional exposure margin @15% in the equity derivatives segment on securities in which the top 10 clients account for more than 20% of MWPL. However, for securities wherein an additional surveillance margin is applicable, the higher additional exposure margin as stated above or additional surveillance margin shall be levied. Scrips shall be identified under this framework based on 3 months rolling data and shall be reviewed on a monthly basis.
•This Additional Exposure Margin for the securities mentioned in the Annexure shall be effective from February 01, 2024, immediately after the expiry of January 2024 contracts.
The detailed notification is given in the document attached below.
[Notice No. 20240120-4]
