The National Commodity Clearing Limited (NCCL) on notification regarding the Margin Framework for Commodity Derivatives Segment.
The following has been stated namely: -
• The minimum Initial Margin (IM) and minimum Margin Period of Risk (MPOR) for commodity derivatives contracts stands revised according to the categorization of the commodities. The Short Option Minimum Margin (SOMM) for Options on futures contracts shall be the minimum initial margin for the respective commodity.
• The revised minimum Initial Margin (IM) and minimum Margin Period of Risk (MPOR) for commodity derivatives contracts has been stated in the notification.
[Notification No. NCCL/RISK-050/2024]
