Circular No: NCDEX/RISK-005/2012/026 Date: January 23, 2012
The Trading and Clearing Members are hereby informed that in terms of the Bye-laws, Rules and Regulations of the Exchange, Special Margin of 10% on the Short side will be imposed on all running contracts and yet to be launched contracts in Guar Gum (GARGUMJDR) and Guar Seed (GARSEDJDR).
Hence, effective beginning of day January 25, 2012 the Special Margin on Guar Gum and Guar Seed shall be as under:
|
SYMBOL |
Special Margin |
Special Cash Margin |
Total Special Margin (including Cash Margin) |
|||
|
Long side |
Short Side |
Long side |
Short Side |
Long side |
Short Side |
|
|
GUAR GUM (GARGUMJDR) |
0% |
10% |
60% |
0% |
60% |
10% |
|
GUAR SEED (GARSEDJDR) |
0% |
10% |
60% |
0% |
60% |
10% |
Members and their clients are requested to note the above.
For and on behalf of
National Commodity & Derivatives Exchange Limited
Hemant Singhvi
Vice President – Exchange Operations
For further information / clarifications, please contact
1. Customer Service Group on phone: 022 6640 6613 -15, 011 2334 4795
2. Customer Service Group by e-mail to : askus@ncdex.com