The National Commodity & Derivatives Exchange Limited (NCDEX) on March 26, 2025, issued a circular regarding the applicability of Event-based Additional Surveillance Margin (E-ASM).
The following has been stated: -
•In line with previous circulars, an Event-based Additional Surveillance Margin (E-ASM) of 2.5% has been re-triggered for Turmeric contracts, effective until April 22, 2025.
•The margin applies based on High-Low variation and will be applicable on both ongoing and upcoming contracts.
•E-ASM is not triggered for other listed commodities. All other applicable margins remain unchanged.
[Circular No.:NCDEX/SURVEILLANCE & INVESTIGATION-013/2025]