The National Commodity & Derivatives Exchange Limited (NCDEX) on July 03, 2024, issued a circular regarding the applicability of Event based Additional Surveillance Margin (E-ASM).
In accordance with the same, based on the High - Low variation, [(High-Low)/Low x 100], E-ASM of 2.5 per cent has been re-triggered and will be applicable on all the running contracts and yet to be launched contracts in Turmeric till July 25, 2024.
The table captures the trigger date and applicability of E-ASM across commodities.
The Table is provided in the document below.
[Circular No : NCDEX/SURVEILLANCE & INVESTIGATION-106/2024]