ASM applicability depends on regulatory framework and market conditions. It may be modified or withdrawn as per instructions from Exchanges/Clearing Corporations.
Yes, Any shortfall arising due to ASM will be considered while calculating ledger balance and DPC will be applicable. No waiver of DPC will be granted for ASM-related shortfalls.
ASM is calculated based on the following stress scenarios: 20% market decline scenario: Loss arising due to a potential 20% fall in value of securities. 17.74% market rise scenario: Loss arising due to an upward movement, considering available ...
ASM is implemented as a precautionary measure based on stress scenarios defined by SEBI, Exchanges, and Clearing Corporations to ensure adequate risk coverage in volatile market conditions.
ASM is an additional margin levied by Clearing Corporations (NSCCL/ICCL) as part of enhanced risk management and surveillance measures to safeguard against extreme market volatility.