Last Updated : February 20, 2010
Withdrawal of Special Margin on Turmeric
Circular No: - NMCE/2009-10/0080 Date: - 20-Feb-2010 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/2009-10/0052 dated 3rd November 2009; the Members of the Exchange are notified as under:
The special margin of 10% imposed on the Long side of Turmeric contracts (Symbol: TRM) which was imposed vide circular under reference number: NMCE/2009-10/0052 dated 3rd November 2009 stands withdrawn on all the running contracts of Turmeric (Symbol: TRM).
Thus, the total margin including the special margin on Long side of all running contracts shall be 15% (IM 5% + SM 10%) effective from 22nd February, 2010.
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
Vice President – Market Watch & Surveillance.
