NCDEX issued the Applicability of Event based Additional Surveillance Margin (E-ASM) of Turmeric applicable till April 17

Mar 26, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity and Derivatives Exchange (NCDEX) on March 24, 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 April 17, 2025.

• The below table captures the trigger date and applicability of E-ASM across commodities:

o Turmeric – 5 days movement (10%) [March 24, 2025]; 10 days movement (15%) [March 24, 2025]; Applicable till [April 17, 2025]

[Notification No. NCDEX/SURVEILLANCE & INVESTIGATION-010/2025]


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