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Pre-Expiry Margins – Revision in Jeera (JEERA UNJHA) Contract

Published on: Sep 13, 10:15

As per circular no. : NCDEX/RISK-018/2017/229, Reference may be made to Exchange circular No. NCDEX/RISK-022/2015/319 dated October 05, 2015 on Comprehensive Risk Management Framework for National Commodity Derivatives Exchanges and circular no NCDEX/RISK-011/2016/059 dated March 23, 2016 on Pre Expiry Margins – revision in select agri-commodities.
Trading and Clearing Members are hereby informed that the Pre Expiry Margin on Jeera (Symbol: JEERAUNJHA) currently levied at 1.5% per day shall now be levied at 3% per trading day from September 14, 2017 till the expiry day of the September 2017 contract. For contracts expiring after September-2017, Pre-Expiry Margin shall be continued as per circular no NCDEX/RISK-
011/2016/059 dated March 23, 2016.
The circular shall be effective from beginning of trading day September 14, 2017.