The National Stock Exchange (NSE) on September 06, 2024, issued the notification regarding the Review of Margin Framework for Commodity Derivatives Segment.
The following has been stated namely: -
• Review of Margin Framework for Commodity Derivatives Segment and SEBI circular dated January 11, 2021 on Review of Volatility Scan Range (VSR) for Option contracts in Commodity Derivatives Segment. Following shall be the categories of the commodities based on the criteria specified in above-mentioned circular:
• The Minimum IM % mentioned in the above table shall not be scaled up by MPOR.
• For options on goods, MPOR shall be at least equal to three days or MPOR of corresponding futures contracts, whichever is higher.
This shall be applicable from October 01, 2024
[Notification No. NCL/COM/63781]
