Additional Exposure Margin on Securities under MWPL
BSE notice 20260629-3 · 29 Jun 2026
Official title
Additional Exposure Margin on Securities under MWPL_29062026
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 already has an additional surveillance margin, the clearing house levies the higher of the two margins. This requirement takes effect on July 01, 2026. The margin remains in force until the July 2026 contract expiry.
What you must do
- Members must pay an additional exposure margin of 15 percent on identified securities.
Key dates
- Effective from
- 01 Jul 2026
- Effective date of the additional exposure margin.
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260629-3 |
|---|---|
| Notice Date | 29 Jun 2026 |
| Category | Settlement/RMS |
| Segment | Derivatives |
| Department | BSECL |
| Subject | Additional Exposure Margin on Securities under MWPL_29062026 |
| 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 July 01, 2026, immediately following the expiry of June 2026 contracts, and shall remain applicable until the July 2026 expiry.
In case of any assistance/clarification, please feel free to reach out to us.
| risk.iccl@icclindia.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
- 29 Jun 2026
- Document number
- 20260629-3
- Issuing division
- BSECL
- Effective date
- 01 Jul 2026
- Coverage area
- securities