Pre-expiry margin on commodities from April 1
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A pre expiry margin will kick in during the last five trading days prior to expiry date, wherein the margin will increase by 5% daily, Sebi said in a circular late evening on Tuesday.
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Mumbai: Sebi has decided to impose pre-expiry margins on cash settled commodities that are susceptible to near zero or negative pricing risk.
A pre expiry margin will kick in during the last five trading days prior to expiry date, wherein the margin will increase by 5% daily, Sebi said in a circular late evening on Tuesday. This was done after consultations with the clearing corporations of exchanges.