NCDEX issued a circular related to the

Aug 07, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Commodity & Derivatives Exchange Limited (NCDEX) on August 06, 2024, issued a circular regarding the Applicability of Event based Additional Surveillance Margin (E-ASM).

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 Guar Gum till August 28, 2024.

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

[Circular No : NCDEX/SURVEILLANCE & INVESTIGATION-112/2024]

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