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Ace Commodity removes additional margin in Castor Seed contracts

27 Feb 2015 Evaluate

Ace Derivatives and Commodity Exchange has withdrawn the additional margin of 5% (non-cash) on both Long and Short Side of Castor Seed contracts with effect from beginning of February 25, 2015. This step has been taken in terms of the Bye Laws, Rules and Business Rules of the Exchange.

Kotak Anchored, Ace Derivatives and Commodity Exchange is a screen based online derivatives exchange for commodities in India.

Ace Commodity Exchange provides a robust clearing & settlement infrastructure that supports the complete process of trade intermediation - including registration of trades, settlement of contracts and mitigation of counter-party risk; giving traders the peace of mind in times of increased market volatility.

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