NCDEX issued the Applicability of Event based

Jul 12, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance The National Commodity and Derivatives Exchange Limited (NCDEX) on July 11, 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 same, 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 August 02, 2024.

[Notification No. NCDEX/SURVEILLANCE & INVESTIGATION-110/2024]

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