Business Standard

NCDEX removes addtl margins on gold, silver

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BS Reporter Mumbai

The National Commodity and Derivatives Exchange (NCDEX) has removed a 5 per cent pre-expiry additional margins on gold and silver contract expiring in March and afterwards,  said circular issued by the commodity exchange.

The exchange had imposed the additional margin in March 2006. The additional margin is added to the normal exposure margin in the last two trading days of the expiring contract, including expiry day.

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First Published: Dec 10 2008 | 12:12 PM IST

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