The National Commodity & Derivatives Exchange Limited (NCDEX) on July 01, 2024, notified regarding the applicability of event-based Additional Surveillance Margin (E-ASM).
The following has been stated namely: -
• It states that based on the High - Low variation, [(High-Low)/Low x 100], E-ASM of 2.5 percent has been re-triggered and shall be applicable on all the running contracts and yet to be launched contracts in Turmeric till July 23rd, 2024.
• It states the E-ASM Trigger Date (% variation) of commodities such as Barley, Castor Seed, Coriander, Guar Gum, Guar Seed, and Jeera (including Jeera Mini) shall remain unchanged.
[Circular no. - NCDEX/SURVEILLANCE & INVESTIGATION-104/2024]
