The National Commodity and Derivatives Exchange Limited (NCDEX) on July 10, 2024, issued the notification regarding the Applicability of Event-based Additional Surveillance Margin (E-ASM).
The following has been stated namely: -
• In accordance with 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 August 01, 2024.
• The trigger date and applicability of E-ASM across commodities have been stated in the notification.
[Notification No. NCDEX/SURVEILLANCE & INVESTIGATION-109/2024]
