NCDEX notified regarding the E-ASM on the running contracts and yet to be launched contracts in Turmeric till January 24, 2025

Jan 05, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity & Derivatives Exchange Limited (NCDEX) on January 03, 2025, issued the notification regarding the Applicability of Event based Additional Surveillance Margin (E-ASM).

The following has been stated namely: -

• 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 Turmeric till January 24, 2025.

• The trigger date and applicability of E-ASM across commodities has been captured in a table in the notification.

[Notification No. NCDEX/SURVEILLANCE & INVESTIGATION-003/2025]


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