Imposition of Additional Margin on Gold

• Notice No: 20200110-28
• Notice Date: 10 Jan 2020
• Category: Settlement/RMS
• Segment: Commodity Derivatives

To

All Members/Participants,

In view of the increased volatility due to current geopolitical situation, it is decided to levy an additional margin of 2% on all the running contracts and yet to be launched contracts of Gold and Gold Mini. The additional margin would be applicable in a phased manner as per the following schedule:

Sr. No	Beginning of Trading Day	Additional Margin
1	13-Jan-20	1%
2	20-Jan-20	1%

Members are requested to note the above.

For and on behalf of Indian Clearing Corporation Ltd.

Piyush Chourasia

Chief Risk Officer & Head – Strategy

Risk Department
Email	[e-mail]
Contact No:	[phone]/5186/8811