Changes in Extreme Loss Margins

Img November 27, 2024

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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