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| NOTICES |
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| Notice No. |
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20230821-50 |
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Notice Date |
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21 Aug 2023 |
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| Category |
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Settlement/RMS |
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Segment |
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Commodity Derivatives |
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| Subject |
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Margin Framework for newly launched WTI Crude futures contract |
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| Content |
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To
All Members/ Participants,
With reference to SEBI Circular No. SEBI/HO/CDMRD/DRMP/CIR/P/2020/15 dated January 27, 2020 and ICCL notice 20230303-21 on Review of Margin Framework for Commodity Derivatives Segment, the margin framework for newly launched future contracts of WTI Crude commodity is as follows:
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Commodity
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Commodity Type
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Volatility Category
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Minimum Initial Margin
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MPOR
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Lean Period
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WTI Crude
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Non-Agri
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High
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30%
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3 days
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Not Applicable
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Members / participants are requested to kindly take note of the same.
For and on behalf of ICCL
Sanaiya Ghadially
Asst. General Manager
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