NCDEX notified regarding the Applicability of Event based Additional Surveillance Margin on contracts in Turmeric till February 06, 2025

Jan 19, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity and Derivatives Exchange Ltd. (NCDEX) on January 17, 2025, issued the notification regarding the Applicability of Event based Additional Surveillance Margin (E-ASM).

The following has been stated namely: -

• Event based Additional Surveillance Margin (E-ASM) would be made applicable on select commodities

• In accordance with the same, 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 February 06, 2025.

• The commodities have been stated in the notification.

[Notification No. NCDEX/SURVEILLANCE & INVESTIGATION-004/2025]


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