The Indian Clearing Corporation Limited (ICCL) on September 27, 2024, issued a notification regarding BCX – Tender Period Margin Tracker – October 2024.
The following has been stated: -
•Members are to refer to the Tender period/ Pre expiry margin tracker applicable to the Future and Option contracts of the Commodity Derivatives segment, expiring in October 2024, attached as annexure.
•The Tender period margin tracker will outline the data about the Tender Period and the applicable Tender Period Margin Percent for each Tender Period Day.
•The Spread Benefits shall also be withdrawn by the start of the Tender Period or Expiry Day, whichever is earlier.
[Notification No. 20240927-5]
