The National Commodity and Derivatives Exchange Limited (NCDEX) on November 08, 2024, notified regarding the applicability of Event-based Additional Surveillance Margin (E-ASM).
The following has been stated namely: -
• It is stated that based on the High - Low variation, [(High-Low)/Low x 100], E-ASM of 2.5 percent has been re-triggered and will be applicable on all the running contracts and yet to be launched contracts in Jeera (Including Jeera Mini) till December 03rd, 2024.
• It provides the E-ASM trigger dates and applicability across commodities as follows: Jeera (including Jeera Mini) is triggered on November 08, 2024, for 5 days with a 10% movement and applicable until December 03, 2024, and other commodities (Barley, Castor Seed, Coriander, Guar Gum, Guar Seed, and Turmeric) have no E-ASM applicability.
[Notification no. - NCDEX/SURVEILLANCE & INVESTIGATION-130/2024]
