The Indian Cleaning Corporation Limited (ICCL) on March 06, 2025, issued the notification regarding the Review of Margin Framework for Commodity Derivatives Segment.
The following has been stated namely: -
• The applicable minimum Initial Margin % (IM), Short Option Minimum Margin % (SOMM), minimum MPOR and minimum Volatility Scan Range (VSR) of the commodities and their variants are stated in the notification
• Minimum IM % mentioned in the notification shall not be scaled up by MPOR.
• In case of Option contracts, margin period of risk (MPOR) shall be at least equal to two days or MPOR of corresponding futures contracts, whichever is higher.
The provisions of this circular shall be applicable from begin of day on April 01, 2025.
[Notification No. 20250306-22]
