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Last Updated : January 23, 2012

Special Margin in Guar Gum (GARGUMJDR) and Guar Seed (GARSEDJDR) Contracts

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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

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