The Indian Clearing Corporation Limited (ICCL) on September 05, 2024, notified regarding the Review of Margin Framework for Commodity Derivatives Segment.
This is with reference to SEBI circular No. SEBI/HO/CDMRD/DRMP/CIR/P/2020/15 dated January 27, 2020, SEBI circular no SEBI/HO/CDMRD/DRMP/CIR/P/2021/08 dated January 11, 2021 and in modification of ICCL Circular No. 20240306-10 dated March 06, 2024, ICCL has reviewed the categorization of the commodities based on guidelines stipulated by SEBI vide aforesaid circular.
The applicable minimum Initial Margin % (IM), Short Option Minimum Margin % (SOMM), minimum MPOR and minimum Volatility Scan Range (VSR) of the commodities and their variants are as specified in the Table.
Kindly find the Table provided with this document attached to the document.
[Notification No 20240905-33]
