Initial Margin Rates and Associated Margin Credits
The Initial Margin (IM) rates and associated margin credits detailed below are effective on and from: 14 October 2019
| Contract Group | Contract Code | Contract Name | Currency | New IM Rate as of 14-Oct-2019 | IM Rate as of 17-Sep-2019 |
|---|---|---|---|---|---|
| FX Currency Futures | DAUD | Australian Dollar/US Dollar Futures | USD | 700 | 700 |
| FX Currency Futures | DCAD | Canadian Dollar/US Dollar Futures | USD | 700 | 700 |
| FX Currency Futures | DCHF | Swiss Franc/US Dollar Futures | USD | 1100 | 800 |
| FX Currency Futures | DEUR | Euro/US Dollar Futures | USD | 750 | 750 |
| FX Currency Futures | DGBP | Pound Sterling/US Dollar Futures | USD | 1,050 | 1,100 |
| FX Currency Futures | DJPY | Japanese Yen/US Dollar Futures | USD | 950 | 950 |
| FX Currency Futures | DINRI | Indian Rupee "Quanto" | USD | 140 | 140 |
| FX Currency Futures | DINRM | Indian Rupee Mini /US Dollar Futures | USD | 55 | 55 |
| FX Currency Futures | DUSDRUB | US Dollar/Russian Rouble Futures | RUB | 150,000 | 100,000 |
| FX Currency Futures | DUSDZAR | US Dollar/South African Rand Futures | ZAR | 23,000 | 22,000 |
| FX Currency Futures | DUSDCNH | US Dollar/Chinese Yuan | CNH | 14,250 | 7,200 |
| FX Currency Options | DINR | Indian Rupee/USD Futures/Options* | USD | 550 | 550 |
| Precious Metals | DG | Gold Futures | USD | 1,675 | 1,725 |
| Precious Metals | DGSG | Spot Gold Shariah Compliant | USD | 1,675 | 1,725 |
| Precious Metals | DIG | India Gold "Quanto" | USD | 1,300 | 1,400 |
| Precious Metals | DSGC | DGCX Shanghai Gold Futures | CNH | 11,500 | 11,500 |
| Precious Metals | DS | Silver Futures | USD | 1150 | 925 |
| Equity Indices | DMSI | MSCI India INR | USD | 1,425 | 1,200 |
| Equity Indices | DMSU | MSCI India USD | USD | 1,650 | 1,500 |
| Energy | DWTI | WTI Crude Oil Futures | USD | 6,500 | 4,750 |
| Energy | DWTIM | Mini WTI Crude Oil Futures | USD | 650 | 475 |
| Energy | DICO | Dubai India Crude Oil Futures | USD | 1300 | 850 |
| Energy | DBRC | Brent Crude Oil Futures | USD | 6,600 | 4,100 |
| Base Metals | DCU | Copper Futures | USD | 1,050 | 950 |
| Base Metals | DAH | Aluminium Futures | USD | 400 | 400 |
| Base Metals | DZS | Zinc Futures | USD | 600 | 700 |
| US Equity Futures | DAAPL | APPLE | USD | 1000 | 1000 |
| US Equity Futures | DFB | USD | 1,000 | 1,000 | |
| US Equity Futures | DGOOGL | USD | 650 | 650 | |
| US Equity Futures | DJPM | JP MORGAN | USD | 1,100 | 1,100 |
| US Equity Futures | DMSFT | MICROSOFT | USD | 1,050 | 1,050 |
| Indian Equity Futures | DACC | ACC Ltd. | USD | 1,200 | 1,200 |
| Indian Equity Futures | DADANIPORTS | Adani Ports and Special Economic Zone Ltd. | USD | 650 | 650 |
| Indian Equity Futures | DAMBUJACEM | Ambuja Cements Ltd. | USD | 900 | 900 |
| Indian Equity Futures | DASIANPAINT | Asian Paints Ltd. | USD | 1,250 | 1,250 |
| Indian Equity Futures | DAUROPHARMA | Aurobindo Pharma Ltd. | USD | 950 | 950 |
| Indian Equity Futures | DAXSB | AXIS BANK | USD | 1,250 | 1,250 |
| Indian Equity Futures | DBAJAJAUTO | Bajaj Auto Ltd. | USD | 450 | 450 |
| Indian Equity Futures | DBAJFINANCE | Bajaj Finance Ltd | USD | 2,800 | 2,800 |
| Indian Equity Futures | DBANKBARODA | Bank of Baroda | USD | 950 | 950 |
| Indian Equity Futures | DBPCL | Bharat Petroleum Corporation Ltd. | USD | 600 | 600 |
| Indian Equity Futures | DBHARTIARTL | Bharti Airtel Ltd. | USD | 550 | 550 |
| Indian Equity Futures | DINFRATEL | Bharti Infratel Ltd. | USD | 450 | 450 |
| Indian Equity Futures | DBOSCHLTD | Bosch Ltd. | USD | 2,500 | 2,500 |
| Indian Equity Futures | DCIPLA | Cipla Ltd. | USD | 850 | 850 |
| Indian Equity Futures | DCOALINDIA | Coal India Ltd. | USD | 1000 | 1000 |
| Indian Equity Futures | DDRREDDY | Dr. Reddy's Laboratories Ltd. | USD | 450 | 450 |
| Indian Equity Futures | DEICHERMOT | Eicher Motors Ltd. | USD | 2,900 | 2,900 |
| Indian Equity Futures | DGAIL | GAIL (India) Ltd. | USD | 550 | 550 |
| Indian Equity Futures | DHCLTECH | HCL Technologies Ltd. | USD | 1,800 | 1,800 |
| Indian Equity Futures | DHDFCB | HDFC BANK | USD | 1,850 | 1,850 |
| Indian Equity Futures | DHEROMOTOCO | Hero MotoCorp Ltd. | USD | 500 | 500 |
| Indian Equity Futures | DHINDALCO | Hindalco Industries Ltd. | USD | 800 | 800 |
| Indian Equity Futures | DHINDPETRO | Hindustan Petroleum Corporation Limited | USD | 450 | 450 |
| Indian Equity Futures | DHINDUNILVR | Hindustan Unilever Ltd. | USD | 1,450 | 1,450 |
| Indian Equity Futures | DHDFC | Housing Development Finance Corporation Ltd. | USD | 1,500 | 1,500 |
| Indian Equity Futures | DITC | I T C Ltd. | USD | 1,150 | 1,150 |
| Indian Equity Futures | DICICIBC | ICICI BANK | USD | 1,650 | 1,650 |
| Indian Equity Futures | DIBULHSGFIN | Indiabulls Housing Finance Ltd. | USD | 800 | 650 |
| Indian Equity Futures | DIOC | Indian Oil Corporation Ltd. | USD | 650 | 650 |
| Indian Equity Futures | DINDUSINDBK | IndusInd Bank Ltd. | USD | 1,350 | 1,350 |
| Indian Equity Futures | DINFO | INFOSYS | USD | 1,250 | 1,250 |
| Indian Equity Futures | DKOTAKBANK | Kotak Mahindra Bank Ltd. | USD | 1,150 | 1,150 |
| Indian Equity Futures | DLT | L&T | USD | 1,200 | 1,200 |
| Indian Equity Futures | DLUPIN | Lupin Ltd. | USD | 700 | 700 |
| Indian Equity Futures | DM&M | Mahindra & Mahindra Ltd. | USD | 1,050 | 1,050 |
| Indian Equity Futures | DMSIL | MARUTI SUZUKI | USD | 1,050 | 1,050 |
| Indian Equity Futures | DNTPC | NTPC Ltd. | USD | 1,050 | 1,050 |
| Indian Equity Futures | DONGC | Oil & Natural Gas Corporation Ltd. | USD | 650 | 650 |
| Indian Equity Futures | DPOWERGRID | Power Grid Corporation of India Ltd. | USD | 800 | 800 |
| Indian Equity Futures | DRIL | RELIANCE | USD | 1,050 | 1,050 |
| Indian Equity Futures | DSBIN | SBI | USD | 1,350 | 1,350 |
| Indian Equity Futures | DSUNPHARMA | Sun Pharmaceutical Industries Ltd. | USD | 750 | 750 |
| Indian Equity Futures | DTTMT | TATA MOTORS | USD | 250 | 250 |
| Indian Equity Futures | DTATAMTRDVR | Tata Motors Ltd DVR | USD | 300 | 300 |
| Indian Equity Futures | DTATAPOWER | Tata Power Co. Ltd. | USD | 600 | 600 |
| Indian Equity Futures | DTATASTEEL | Tata Steel Ltd. | USD | 750 | 750 |
| Indian Equity Futures | DTCS | TCS | USD | 1,700 | 1,700 |
| Indian Equity Futures | DTECHM | Tech Mahindra Ltd. | USD | 1,050 | 1,050 |
| Indian Equity Futures | DULTRACEMCO | UltraTech Cement Ltd. | USD | 750 | 750 |
| Indian Equity Futures | DUPL | UPL Ltd | USD | 1,450 | 1,450 |
| Indian Equity Futures | DVEDL | Vedanta Ltd. | USD | 700 | 700 |
| Indian Equity Futures | DWIPRO | Wipro Ltd. | USD | 1,150 | 1,150 |
| Indian Equity Futures | DYESBANK | Yes Bank Ltd. | USD | 450 | 450 |
| Indian Equity Futures | DZEEL | Zee Entertainment Enterprises Ltd. | USD | 600 | 600 |
Initial Margin Credits
The following inter-commodity spread margin credits are effective on and from: 14 October 2019
| Priority | Credit Rate % as of 14-October-2019 | Credit Rate % as of 17-September-2019 | Leg A | Contract Code Leg A | Leg B | Contract Code Leg B | Position type* | Delta Leg A | Delta Leg B |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 100 | 100 | Indian Rupee | DINR | Indian Rupee Mini | DINRM | Long-Short | 1 | 10 |
| 2 | 100 | 100 | WTI Crude Oil Futures | DWTI | Mini WTI Crude Oil Futures | DWTIM | Long-Short | 1 | 10 |
| 3 | 95 | 95 | Indian Rupee | DINR | Indian Rupee Quanto | DINRI | Long-Long | 1 | 4 |
| 4 | 95 | 95 | Indian Rupee Mini | DINRM | Indian Rupee Quanto | DINRI | Long-Long | 5 | 2 |
| 5 | 75 | 75 | WTI Crude Oil Futures | DWTI | Brent Crude Oil Futures | DBRC | Long-Short | 1 | 1 |
| 6 | 75 | 75 | Mini WTI Crude Oil Futures | DWTIM | Brent Crude Oil Futures | DBRC | Long-Short | 10 | 1 |
| 7 | 70 | 70 | MSCI India INR | DMSI | MSCI India USD | DMSU | Long-Short | 1 | 1 |
| 8 | 60 | 60 | Gold Futures | DG | DGCX Shanghai Gold Futures | DSGC | Long-Short | 1 | 1 |
| 9 | 60 | 60 | India Gold Quanto | DIG | DGCX Shanghai Gold Futures | DSGC | Long-Short | 4 | 3 |
| 10 | 60 | 60 | WTI Crude Oil Futures | DWTI | Dubai India Crude Oil Futures | DICO | Long-Short | 1 | 5 |
| 11 | 60 | 60 | Mini WTI Crude Oil Futures | DWTIM | Dubai India Crude Oil Futures | DICO | Long-Short | 2 | 1 |
| 12 | 55 | 55 | Gold Futures | DG | Silver Futures | DS | Long-Short | 1 | 2 |
| 13 | 50 | 50 | Indian Rupee | DINR | MSCI India INR | DMSI | Long-Short | 1 | 1 |
| 14 | 50 | 50 | Indian Rupee Mini | DINRM | MSCI India INR | DMSI | Long-Short | 10 | 1 |
| 15 | 50 | 50 | Indian Rupee | DINR | MSCI India USD | DMSU | Long-Short | 1 | 1 |
| 16 | 50 | 50 | Indian Rupee Mini | DINRM | MSCI India USD | DMSU | Long-Short | 10 | 1 |
| 17 | 50 | 75 | Gold Futures | DG | India Gold Quanto | DIG | Long-Short | 2 | 3 |
Calendar Spread Charge
The following Intra-commodity Calendar Spread charges are effective on and from: 14 October 2019
| Contract Group | Contract Code | Contract Name | Currency | Calendar Spread Charge as of 14-Oct-2019 |
|---|---|---|---|---|
| FX Currency Futures | DAUD | Australian Dollar/US Dollar Futures | USD | 75 |
| FX Currency Futures | DCAD | Canadian Dollar/US Dollar Futures | USD | 50 |
| FX Currency Futures | DCHF | Swiss Franc/US Dollar Futures | USD | 50 |
| FX Currency Futures | DEUR | Euro/US Dollar Futures | USD | 75 |
| FX Currency Futures | DGBP | Pound Sterling/US Dollar Futures | USD | 120 |
| FX Currency Futures | DJPY | Japanese Yen/US Dollar Futures | USD | 90 |
| FX Currency Futures | DINR | Indian Rupee/USD Futures | USD | 2 |
| FX Currency Futures | DINRI | Indian Rupee "Quanto" | USD | 2 |
| FX Currency Futures | DINRM | Indian Rupee Mini /US Dollar Futures | USD | 2 |
| FX Currency Futures | DUSDRUB | US Dollar/Russian Rouble Futures | RUB | 10,000 |
| FX Currency Futures | DUSDZAR | US Dollar/South African Rand Futures | ZAR | 2,400 |
| FX Currency Futures | DUSDCNH | US Dollar/Chinese Yuan | CNH | 690 |
Delivery Margin Rates
The Delivery Margin (DM) rates detailed below are effective on and from: 14 October 2019
| Contract Group | Contract Code | Contract Name | Currency | New DM Rate as of 14-October-2019 | Current DM Rate as of 17-September-2019 |
|---|---|---|---|---|---|
| FX Currency Futures | DAUD | Australian Dollar/US Dollar Futures | USD | 1,300 | 1,300 |
| FX Currency Futures | DCAD | Canadian Dollar/US Dollar Futures | USD | 1,213 | 1,213 |
| FX Currency Futures | DCHF | Swiss Franc/US Dollar Futures | USD | 1,905 | 1,386 |
| FX Currency Futures | DEUR | Euro/US Dollar Futures | USD | 1,300 | 1,300 |
| FX Currency Futures | DGBP | Pound Sterling/US Dollar Futures | USD | 1,820 | 1,905 |
| FX Currency Futures | DJPY | Japanese Yen/US Dollar Futures | USD | 1,646 | 1,646 |
| Precious Metals | DGSG | Spot Gold Shariah Compliant | USD | 2,370 | 2,440 |