Preponement of F&O Open Positions physical margin schedule because of Dussehra (Oct-23)

As per the exchange guidelines, the margin required for all the existing F&O Open Positions will start increasing four days before the expiry date (i.e., the last Thursday of every month) in a staggered manner. 

However, due to the trading holiday on 24-Oct-23, i.e., Tuesday, on the occasion of Dussehra, the F&O Open Positions margin schedule has been preponed. 

Take a look at the revised margin schedule below.

DateDayMargin Applicable
19-Oct-23Thursday10% of the delivery margin computed
20-Oct-23Friday25% of the delivery margin computed
23-Oct-23Monday45% of the delivery margin computed
25-Oct-23Wednesday75% of the delivery margin computed
26-Oct-23Thursday100% of the delivery margin computed
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