NCDEX IMPOSES SPECIAL CASH MARGIN ON ALL RUNNING CONTRACTS OF
MUSTARD SEED & CHANA
Date: 30/3/2012
National Commodity and Derivatives Exchange (NCDEX) has imposed Special Cash Margin of 10% of all running contracts of Mustard Seed and Chana on long side, effective March 31, 2012. The exchange also slapped special margins of 20 percent and 25 percent respectively on long contracts for April and May in potato. The steps are taken mainly to rein in rising prices of these commodities. However, it reduced an existing additional margin on the long and short contracts of potato to 5 percent.
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