The Silver M and Silver Mic contracts expiring on 27th February 2026 fall under the staggered delivery category on MCX.
These contracts enter the staggered delivery tender period 5 days prior to expiry and must be squared off before 9:00 PM on 20th February 2026 to avoid the risk of physical delivery.
Important Instructions:
These contracts must be closed before the start of the tender period to prevent delivery obligations.
Any open positions after 9:00 PM on 20th February 2026 may be squared off by our risk management team.
Please ensure timely closure of positions to avoid physical settlement.
To check applicable margin requirements, use our MCX Margin Calculator.
For any queries or support, please contact us here.