Notice Board

Introduction of Cross Margin in Commodity Index Futures w.e.f 26th July 2021

By 26/07/2021 No Comments

As per the Circular dated 24th July 2021, Multi Commodity Exchange of India (MCX) has announced that Cross margin benefit between Commodity Index futures and futures of its underlying constituents or its variants shall be provided from beginning of day (BOD) of trade date July 26, 2021(today).

Clients will be getting Cross margin benefit of 75 % on Initial Margin for eligible offsetting positions of index futures and futures of its underlying constituents or its variants.

The list of eligible commodity Index and its constituents are mentioned below:

Commodity Index

Underlying Constituent Commodities

Underlying Constituent Commodity’s variants

MCXBULLDEX

GOLD, SILVER

GOLDM, SILVERM

MCXMETLDEX

ALUMINIUM, COPPER, LEAD, NICKEL, ZINC

NA

 

For more details – Refer this Circular.

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