Introducing Natural Gas Mini Futures Contracts w.e.f. 14th March 2023

Noticeboard

Get the latest updates and important announcements, find out about our new offers, policies and more

Back

Introducing Natural Gas Mini Futures Contracts w.e.f. 14th March 2023

09 March 2023

11:20 AM

Trading
Launch of New MCX Mini Contracts

As per the circular dated 8th March 2023, Multi Commodity Exchange of India has announced the launch of Natural Gas Mini (250 Qty) futures contracts. Natural Gas Mini futures contracts that expire on 19th April 2023, 19th May 2023, 16th June 2023, 19th July 2023, and 21st August 2023 will be available for trading with effect from Tuesday, March 14th, 2023.

The Contract Specifications are mentioned below: 

Particulars

Specifications

Symbol

NATGASMINI

Trading Unit

250 MMBtu

 

Quotation

Rs. per MMBtu

Margin Required

(Initial Margins - Minimum 10% or based on SPAN, whichever is higher

+

ELM - Minimum 1% of the total contract value)

₹20,000 (Approx.)

Tick Size (Minimum Price Movement) 

Re. 0.10

Settlement

The contract would be settled in cash

Trading Period

Monday to Friday

*MMBtu - Metric Million British Thermal Unit

For more details on the contract specifications, click here.

 

Open Your Demat Account in Under 5 Minutes

Have any queries? Get support