Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
30 Oct 2019, 08:58 AM
Dear sir please advise if my understanding is correct
1. Wednesday we need to maintain 2x or required margin
2. Thursday or expiry day we can carry forward the Wednesday position if margin is there on Wednesday right?
3. On Thursday if we leave the position auto square off by 3.25 is it ok or not
4. What is physical delivery then ? Quiet confused
Thanks
Yusuf