NCDEX notified regarding Applicability of Event based Additional Surveillance Margin (E-ASM)

Jul 09, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity & Derivatives Exchange Limited (NCDEX) on July 08, 2024, notified regarding the Applicability of Event based Additional Surveillance Margin (E-ASM).

The following has been stated:

• Based on the High - Low variation, [(High-Low)/Low x 100], E-ASM of 2.5 percent has been re-triggered and will be applicable on all the running contracts and yet to be launched contracts in Turmeric till July 30, 2024.

• The Table captures the trigger date and applicability of E-ASM across commodities.

Kindly find the Table provided with this document attached to the document.

[Notification No NCDEX/SURVEILLANCE & INVESTIGATION-107/2024]


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