The Bombay Stock Exchange (BSE) on May 21, 2024, notified regarding the Additional Exposure Margin on Securities under MWPL – June 2024.
This is in continuation to BSE Notice dated March 18, 2019, on Additional Exposure Margin on Securities under MWPL, ICCL shall levy additional exposure margin @15% in the equity derivatives segment on securities in which the top 10 clients account for more than 20% of MWPL.
The following has been stated:
• It has been stated that for securities wherein an additional surveillance margin is applicable, the higher of additional exposure margin as stated above or additional surveillance margin shall be levied.
• The 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 June 01, 2024, immediately after the expiry of May 2024 contracts.
Kindly find the Annexure provided with this document attached to the document.
[Notification No 20240521-17]
