This occurred as a result of BSE was lately added to Lengthy-Time period ASM Framework Stage – I (Confer with this round – NSE/SURV/48987). Within the round, the next is talked about –
Members are hereby requested to notice that the securities as per hooked up Annexure I-A have happy the factors for inclusion underneath Lengthy Time period Extra Surveillance Measure. The relevant surveillance actions shall be as per provisions of the Lengthy-Time period Extra Surveillance Measure (Lengthy Time period – ASM) that are as underneath:
- Relevant price of margin shall be 100% w.e.f. July 26, 2021 on all open positions as on July 23, 2021 and new positions created from July 26, 2021.
As defined on this assist web page , the collateral margin for shares within the ASM record is diminished to zero –
Observe: In instances the place a inventory you’ve pledged is moved underneath ASM, you’ll not be offered collateral margins for that inventory, as a result of, as per ASM 100% margin must be levied. The collateral worth (proven on the buying and selling terminals) will cut back by the worth of collateral acquired towards that inventory.