Last Updated : November 03, 2009
SPECIAL MARGIN ON TURMERIC
Ref. No.: NMCE/2009-10/0052 3rd November, 2009 To,
The Members,
In terms of the Bye-Laws, Rules and Regulations of the Exchange and in continuation to circular of the Exchange under reference no: NMCE/2009-10/0049 dated 30th October 2009; the Members of the Exchange are notified as under:
In addition to existing special margin of 10%,a Special Margin of 10%
on long side will be imposed further 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 27.5% (IM 7.5%+SM 10%+SM 10%) effective from the beginning of the trading day November 9, 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)
