NSE Clearing Limited issued a circular

Feb 14, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Stock Exchange Clearing Limited (NSE) on February 14, 2024, issued a circular regarding the revision of the Initial Margin in Silver.

The following has been stated: -

•Revised Minimum Initial Margin (IM) and Short Option Minimum Margin (SOMM) in silver contracts (across all variants) will be in effect from Thursday, February 15, 2024.

•Minimum Initial Margin (%) is 13.00 and Short Option Minimum Margin % (SOMM) is 13.00.

The detailed circular is given in the document attached below.

[Circular Ref. No: 0028/2024]

View Document 1