The 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]