| Margins
|
| Initial Margin based on SPAN |
US$ 1,200 per contract ( Subject to change) |
| Calendar Spread Position Margin |
Depending upon each class of asset, spread position margin (Calendar spread margin) is charged using the SPAN framework. In case of Gold, 100% benefit is offered on calendar spread margins. |
| Extra Margin |
In time of high volatility, an extra margin as deemed fit by the Exchange may be imposed on all open positions |
| Delivery Period Margin |
US$ 5,000 per contract is applicable during the last six trading days for all open long or short positions that have not been liquidated |
