Dear Customer,

 

As we are aware that present market situations have been quite un-predictable more specifically having experienced the drastic fall in the prices of crude oil on the expiry date on account of the current COVID – 19 scenario and the impact it had on the clients as well as the brokers thereafter, we have decided to enhance the applicable margins on certain contracts in the Commodity derivatives segment.  

 

Accordingly, on all open contracts in Crude Oil, Natural Gas and Crude Palm Oil, 5paisa Capital shall levy a total margin of 300% one day prior to the date of expiry of the said contracts.

 

The requirement of higher margins one day prior to the expiry date on the above commodities shall continue till further intimation from us.