Hey Traders,
Changes in Extreme Loss Margins – SEBI Circular Ref. No: SEBI/HO/MRD/TPD-1/P/CIR/2024/132 dated October 01, 2024
In accordance with the provisions of the above mentioned circular:
1. On the day of options contracts expiry, to increase the tail risk coverage, an additional Extreme Loss Margin (ELM) of 2% shall be levied on short index options contracts.
2. The additional ELM of 2% would be applicable for all open short index options at the start of the day, as well on short index options contracts initiated during the day that are due for expiry on that day.
For more information, kindly refer the circular – Click Here
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South Asian Stocks Ltd. : NSE Member Code 09073, BSE Member Code 6329, MCX Member Code : 55215 , NCDEX Member Code : 1233 NSDL : IN-DP-474-2020 . SEBI Registration No. INZ000164738
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