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Revision to Initial Margins for various Classes of Contracts
In pursuance of DGCX By-Laws and the Clearing Rules of the DCCC, the following revisions are hereby notified:
Margin Revision Details
Futures Contract |
Current |
New |
BSE Sensex |
$900 |
$1,300 |
Copper |
$1,000 |
$1,300 |
Euro- US Dollars |
$1,100 |
$1,400 |
Gold |
$1,200 |
$1,300 |
Indian Rupee – Euro |
€120 |
€200 |
Japanese Yen- US Dollars |
$900 |
$1,000 |
MSCI INDIA (INR, PRICE) |
$900 |
$1,200 |
MSCI INDIA (USD, NTR) |
$1,100 |
$1,800 |
Sterling – US Dollar |
$1,000 |
$1,100 |
Silver |
$700 |
$800 |
US Dollars-Korean Won |
KRW 875,000 |
KRW 1,000,000 |
US Dollars-Russian Ruble |
RUB 115,000 |
RUB 180,000 |
US Dollars-South African Rand |
ZAR 13,000 |
ZAR 15,000 |
WTI Crude Oil |
$3,000 |
$6,000 |
Delivery Margin, wherever applicable, on the above Classes of Contracts shall be five (5) times of the Initial Margins. Initial Margins for all other Classes of Contracts not listed above shall remain unchanged.
The above revisions shall be effective from Monday, September 07, 2015.
Regards
PCM Orderdesk Team
-
Subject: Revision to Initial Margins for various Classes of Contracts
In pursuance of DGCX By-Laws and the Clearing Rules of the DCCC, the following revisions are hereby notified:
Margin Revision Details
Futures Contract |
Current |
New |
|
BSE Sensex |
$1,100 |
$800 |
Copper |
$1,500 |
$1,000 |
Euro- US Dollars |
$1,100 |
$1,200 |
Gold |
$1,200 |
$1,300 |
Indian Rupee – Euro |
€140 |
€120 |
Japanese Yen- US Dollars |
$900 |
$800 |
MSCI INDIA (INR, PRICE) |
$900 |
$600 |
MSCI INDIA (USD, NTR) |
$1,300 |
$900 |
Silver |
$800 |
$700 |
US Dollars-Korean Won |
KRW 1,100,000 |
KRW 1,200,000 |
US Dollars-Russian Ruble |
RUB 160,000 |
RUB 140,000 |
US Dollars-South African Rand |
ZAR 20,000 |
ZAR 23,000 |
WTI Crude Oil |
$5,000 |
$4,000 |
Mini WTI Crude Oil |
$500 |
$400 |
Delivery Margin, wherever applicable, on the above Classes of Contracts shall be five (5) times of the Initial Margins. Initial Margins for all other Classes of Contracts not listed above shall remain unchanged.
The above revisions shall be effective from Monday, November 09, 2015.
Members are requested to take note of the revisions above.
Regards
PCM Brokers
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