NSE proposes additional margins in equity derivatives

The NSE on Tuesday proposed to levy additional margins in the equity derivatives segment. This will be effective from September 27 based on data from September 21.

The exchange said additional margins will be levied where intraday price movement is of more than 20 per cent and close-toclose price movement is less than 20 per cent. The exchange said that an additional margin of 50 per cent of the intra-day price movement above 20 per cent will be levied as additional margin. Additional margins will be added to existing exposure margins of the security. The additional margins levied will be continued for 15 calendar days, provided no further intraday volatility is observed, NSE said.

The additional margins levied will be reviewed periodically.