NCDEX eases special margins on cottonseed cake, potato and barley

Written by fe Bureau | New Delhi | Updated: Sep 5 2012, 08:28am hrs
National Commodity and Derivatives Exchange (NCDEX) will ease margin requirements on futures trading of potato, barley and cottonseed oilcake from Wednesday, it said in three separate circulars.

The exchange has decided to scrap the 20% special margin on long positions of December cottonseed oilcake contract, and the margin has also been removed from all other subsequent running and yet-to-be-launched contracts except the September contract.

Similarly, the special Margin of 10% (in cash) on the long side on all the running contracts and yet to be launched contracts in Barley will be removed.

The special margin of 30% on the long side will be cut to 20% on running September 2012 contract of Potato, the exchange said.