FMC removes 5% additional margin on non-agri commodities

Forward Market Commission today announced the removal of additional 5% margin, which was imposed on all contracts of gold, silver, brent crude oil, natural gas, aluminium, copper, lead, nickel and zinc traded on national exchanges.

The additional margin will be removed from 7 November.

FMC had introduced these margins in early Septmeber as the volatility in these commodities was high then.