Reduction In Initial Margin For CrudeOil Contracts W.E.F 27.01.2021

As per the MCX circular dated 25th January 2021, MCXCCL has reviewed its circular of Additional Risk Management measures in Crude Oil  contracts dated 1st September 2020 and a few points were revised as mentioned below:

• The Initial margin/Short Options minimum margin for Crude Oil has been reduced to 10% from 50% and is applicable w.e.f 27th January 2021.
• The Initial/Overnight margin required for Crude oil will be ₹44,000 approximately (Subject to change).

Note: FYERS Policies on Commodities will be applicable over and above this.

Traders kindly take note of this.