Natural gas is hitting through the roof with multiple circuits. Can someone tell me exact cooling off periods after every circuits ?
Can someone please help me here, I am in position today too and the circuits keep opening and closing.
As mentioned by MCX here.
The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%
In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% and informed to the regulator immediately.