The National Commodity & Derivatives Exchange Limited (NCDEX) on June 25, 2024, issued a notification regarding Risk Management Fee – Options on Futures.
Members and market participants are hereby informed that, under Bye-law 6.2.8 and Regulation 27 of NCCL Bye-laws and Regulations, NCCL will charge a Risk Management Fee of Rs. 100 per lakh on the premium value of each new overnight open interest position created in Options on Futures contracts for all commodities.
Regarding Options on Guar Seed Future contracts, reference is made to circular no. NCDEX/TRADING - 025/2024 dated June 20, 2024, concerning the launch of these contracts. NCCL will charge a Risk Management Fee of Rs. 50 per lakh on the premium value of each new overnight open interest position created up to September 30, 2024. Starting October 1, 2024, this fee will increase to Rs. 100 per lakh on the premium value of each new overnight open interest position created.
NCCL reserves the right to amend this tariff, in part or in full, at any time, with prior notification to the members.
[Notification No. NCCL/FINANCE–001/2024]
