The National Stock Exchange (NSE) on May 14, 2026, issued a circular regarding revision of initial margin in CRUDEOIL.
The following has been stated:
It has revised the margin requirements for all variants of CRUDEOIL contracts as a risk containment measure, modifying Circular No. 098/2026 dated March 09, 2026. Effective from May 18, 2026, the revised requirements for CRUDEOIL contracts will be:
• Minimum Initial Margin (IM): 30%
• Short Option Minimum Margin (SOMM): 30%
• Minimum MPOR: 3
• Minimum VSR: 30%
Further, the Minimum Initial Margin percentage will not be scaled up by MPOR. Members are advised to take note of these revised margin provisions.
[Circular Ref. No. 0171/2026]
