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.
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