Last Updated : October 30, 2009
SPECIAL MARGIN ON TURMERIC
Ref. No.: NMCE/2009-10/0049 30th October, 2009
To,
The Members,
In terms of the Bye-Laws, Rules and Regulations of the Exchange, the Members of the Exchange are notified as under:
In addition to existing margin of 7.5%, a Special Margin of 10% on long side will be imposed on all running contracts of Turmeric (Symbol: TRM).
Thus, the total margin including the special margin on long side of all running contracts shall be 17.5% (7.5% + 10%) effective from the beginning of the trading day November 4, 2009.
Members and their Clients are requested to kindly note the above.
For and on behalf of
National Multi-Commodity Exchange of India Limited
Dinesh Shukla
VP (Market Watch & Surveillance)
