NCDEX issued a notification regarding the Applicability of Event based Additional Surveillance Margin

Oct 08, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity & Derivatives Exchange Limited (NCDEX) on October 07, 2024, issued a notification regarding the Applicability of Event based Additional Surveillance Margin.

Due to the high-low variation in turmeric contracts, an E-ASM (Enhanced Additional Surveillance Measure) of 2.5% has been triggered. This measure will apply to all ongoing and upcoming turmeric contracts starting from October 9, 2024, and remain effective until October 29, 2024. The attached table provides specific details on the trigger dates and E-ASM applicability across various commodities.

[Notification No. NCDEX/SURVEILLANCE & INVESTIGATION-127/2024]


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