As per circulars issued by MCX and NSE, an Additional Margin of 2% will be imposed on Silver Near-Month Futures Contracts, effective Friday, 17th October 2025.
This margin change is part of a periodic risk management review and applies to the following near-month contracts:
Applicable Contracts:
| Contract Type | Symbol | Expiry Date | Additional Margin (%) |
|---|---|---|---|
| Silver | SILVER | 05-Dec-2025 | 2.00 |
| Silver Mini | SILVERM | 28-Nov-2025 | 2.00 |
| Silver Micro | SILVERMIC | 28-Nov-2025 | 2.00 |
Note: This is over and above the existing initial margin requirements. It applies only to the near-month expiry contracts listed above.
Action Required:
Ensure sufficient margin is available in your account before entering or carrying forward positions in the above Silver contracts. Margin shortfalls may result in order rejections or risk-based square-offs.
For more details, refer to the official circulars: