|
|
|
|
  |
| NOTICES |
|
| Notice No. |
|
20190719-33 |
|
Notice Date |
|
19 Jul 2019 |
|
| Category |
|
Trading |
|
Segment |
|
Equity |
|
| Subject |
|
Short-term Additional Surveillance Measure (Short-term ASM) - Update |
|
|
|
|
|
| Content |
|
|
This is in partial modification of the Exchange notice no. 20181027-1 dated October 27, 2018 introducing Short Term ASM framework.
As per the joint Surveillance meeting of Exchanges and SEBI held on July 19, 2019, the following revised action shall be applicable on stocks under the Short Term ASM framework:
|
ASM Short Term Stage
|
Existing Action
|
Revised Action
|
|
Stage I
|
Applicable margin rate for the shortlisted stock will be 1.5 times the existing margin OR 40%, whichever is higher, subject to maximum rate of margin capped at 100%.
|
Applicable Margin rate for the shortlisted stock will be 40% or existing margin whichever is higher, subject to maximum rate of margin capped at 100%.
|
|
Stage II
|
Applicable margin rate for the shortlisted stock will be 2.5 times the existing margin OR 80%, whichever is higher, subject to maximum rate of margin capped at 100%.
|
Applicable Margin rate for the shortlisted stock will be 80% or existing margin whichever is higher subject to maximum rate of margin capped at 100%.
|
The aforesaid revised Action shall be implemented w.e.f. July 29, 2019.
In case of any clarifications, members are requested to contact 2272 5001/ 2272 1717 /2272 5158.
For & On behalf of BSE Ltd.
|
Usha Sharma
|
Yogendra Daxini
|
|
|
General Manager
|
Asst. Gen. Manager
|
|
|
Surveillance
|
Surveillance
|
|
|
|
|
| |
|
|
|
July 19, 2019
|
|