| Margins
|
| Initial Margin based on SPAN |
US$ 1,000 per contract (subject to change) |
| Calendar Spread Position Margin |
Depending upon each class of asset, spread position margin (Calendar spread margin) is charged using SPAN framework. In case of Silver, 100% benefit is offered on calendar spread position |
| Extra Margin |
In case of additional 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 |
