Additional Exposure Margin on Securities under MWPL
BSE notice 20260826-6 · 26 Aug 2026
Official title
Additional Exposure Margin on Securities under MWPL_28082026
Official record
Open source pageSummary
Check the official recordWhat changed
BSE Clearing Limited levies an additional exposure margin of 15 percent on specific securities in the equity derivatives segment. This applies to securities where the top 10 clients account for more than 20 percent of the Market Wide Position Limit (MWPL). The authority identifies these securities using 3 months of rolling data and reviews them every month. If a security also attracts an additional surveillance margin, the clearing house levies the higher of the two rates. This requirement starts on August 28, 2026. It remains in effect until the expiry of the September 2026 contracts.
What you must do
- Members must pay an additional exposure margin of 15 percent on identified securities.
Key dates
- Effective from
- 28 Aug 2026
- Effective date of the additional exposure margin.
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260826-6 |
| Notice Date | 26 Aug 2026 |
| Category | Settlement/RMS |
| Segment | Derivatives |
| Department | BSECL |
| Subject | Additional Exposure Margin on Securities under MWPL_28082026 |
| Attachments | Annexure |
[Image omitted. See the official document.]
To all Members,
In continuation to BSE Notice dated March 18, 2019 on Additional Exposure Margin on Securities under MWPL, ICCL shall levy additional exposure margin @15% in equity derivatives segment on securities in which top 10 clients account for more than 20% of MWPL. However, for securities wherein additional surveillance margin is applicable, the higher of additional exposure margin as stated above or additional surveillance margin shall be levied. Scrips shall be identified under this framework based on 3 months rolling data and shall be reviewed on monthly basis.
The Additional Exposure Margin for the securities specified in the Annexure shall be effective from August 28, 2026, immediately following the expiry of August 2026 contracts, and shall remain applicable until the September 2026 expiry.
In case of any assistance/clarification, please feel free to reach out to us.
| risk.iccl@bseclearing.com | |
|---|---|
| Contact No: | +91-22-22725186/5059/8699 |
For and on behalf of BSE Clearing Limited.
(Formerly known as Indian Clearing Corporation Ltd.)
Sushant Majhi
Chief Risk Officer
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 26 Aug 2026
- Document number
- 20260826-6
- Issuing division
- BSECL
- Effective date
- 28 Aug 2026
- Coverage area
- securities