Commodity
01.Oct.2024
Revision in transaction charges - MCX & NCDEX
As per SEBI guidelines, MCX and NCDEX have revised transaction charges for futures and options contracts effective October 1, 2024.
Circulars
14.Aug.2024
MCX- Revision of Initial Margin in Crude Oil & Silver contracts (all variants)
MCXCCL has decided to revise the Minimum Initial Margin (IM) / SOMM in Crude Oil & Silver contracts (all variants) with effect from August 16, 2024
Details of the applicable margins are as under:
| Commodity | Current Minimum Initial Margin (%) | Revised Minimum Initial Margin (%) |
|---|---|---|
Silver all variants | 11.5 | 13 |
Crude Oil all variants | 30 | 33 |
Circulars :
22.Apr.2024
Launch of Crude Oil Mini & Natural Gas Mini Options Contracts
MCX has announced the launch of Crude Oil Mini & Natural Gas Mini Options Contracts with effect from Tuesday, April 23, 2024.
Circulars :
MCX
11.Mar.2024
MCX Revision in Trading Hours from 11th March
MCX trading hours shall be revised from March 11, 2024, on account of change in US daylight saving timings.
Changes in trading hours for Non Agri. Commodities as follows,
Current | Revised |
9.00 AM -11.55 PM | 9.00 AM -11.30 PM |
14.Feb.2024
Revision of Initial Margin in Silver
In view of periodic review of adequacy of risk management measures and to mitigate systemic risk, MCXCCL has decided to revise the Minimum Initial Margin (IM) / SOMM in Silver contracts (all variants) with effect from Thursday, February 15, 2024.
13.Oct.2023
MCX Revision in Trading Hours for October 16, 2023
Trading hours for trade date October 16, 2023 is revised as under :
Particulars | Special Session | Trade Start Time | Trade End Time |
Non-Agri Commodities | 10:30 AM to 10:44 AM | 10:45 AM | 11:30 PM |
Select Agri Commodities (Cotton & Kapas) | 10:30 AM to 10:44 AM | 10:45 AM | 9:00 PM |
All Other Agri Commodities | 10:30 AM to 10:44 AM | 10:45 AM | 5:00 PM |
From October 17, 2023, the trade timings will be restored to normal as below:
Particulars | Special Session | Trade Start Time | Trade End Time |
Non-Agri Commodities | 08:45 AM to 08:59 AM | 09:00 AM | 11:30 PM |
Select Agri Commodities (Cotton & Kapas) | 08:45 AM to 08:59 AM | 09:00 AM | 9:00 PM |
All Other Agri Commodities | 08:45 AM to 08:59 AM | 09:00 AM | 5:00 PM |
24.Aug.2023
Modification in Margin applicable in Crude Oil and Natural Gas
The current additional Margin of 10% levied on Crude Oil and Natural Gas Future contracts (all variants) shall be modified to 7% with effect from Friday, August 25, 2023
11.Aug.2023
NCDEX
Trading Hours for Commodity Derivatives Segment
27. Jun.2023
Trading Holiday on June 29, 2023 on account of Bakri ID
14.Jun.2023
Imposition of Additional Margin in Crude Oil and Natural Gas
In view of periodic review of adequacy of risk management measures and to mitigate systemic risk, MCX has decided to levy an Additional Margin of 10% each in Crude Oil and Natural Gas Futures contracts (all variants) with effect from Friday, June 16, 2023 (Begin of Day).
09.Mar.2023
MCX Launch of Natural Gas Mini Futures Contracts
The Exchange is pleased to announce the launch of Natural Gas Mini Futures contracts with effect from Tuesday March 14, 2023
01.Mar.2023
MCX Launch of Crude Oil Mini Futures Contracts
The Exchange is pleased to announce the launch of Crude Oil Mini (10 barrels) Futures contracts with effect from Friday March 3, 2023.
Crude Oil Mini (10 barrels) Futures contracts will be available for trading as below:
| Contract Launch date | Contract Expiry Date | Contract Expiry Month |
|---|---|---|
March 3, 2023 | April 19, 2023 | April 2023 |
March 3, 2023 | May 19, 2023 | May 2023 |
March 3, 2023 | June 16, 2023 | June 2023 |
March 3, 2023 | July 19, 2023 | July 2023 |
March 3, 2023 | August 21, 2023 | August 2023 |
17. Feb. 2023
Launch of Aluminium Mini Futures Contracts
The Exchange is pleased to announce the launch of Aluminium Mini Futures contracts with effect from Monday, February 20, 2023.
Launch of Lead Mini Futures Contracts
The Exchange is pleased to announce the launch of Lead Mini Futures contracts with effect from Wednesday, February 22, 2023
Delivery and Settlement Procedure for Aluminium Mini, Lead Mini and Zinc Mini
The Delivery and Settlement procedure shall be applicable to all Aluminium Mini, Lead mini & Zinc Mini Delivery contracts expiring from March 2023 and onward contracts
15.Nov.2022
Launch of Zinc Mini Futures Contracts
The Exchange is pleased to announce the launch of Zinc Mini Futures contracts with effect from Friday February 17, 2023.
07.Nov.2022
On account of “ Gurunanak Jayanthi “ – there is no Commodity Day trading session on Tuesday, 8th November, 2022
Evening session ( 5.00 PM to 11.55 PM ) of MCX will be open for trading
11.Oct.2022
Modification in Daily Price Limits (DPL) for Commodity Futures Contracts
MCX and NCDEX have informed there will be a Modification in Daily Price Limits (DPL) for Commodity Futures Contracts.
Currently commodities price movement in the international markets is more than the aggregate DPL when compared with closing price on previous day on domestic exchange, the same maybe further relaxed in stages of 3% by the Exchange with cooling off period of 15 minutes. For such instances, the Stock Exchanges shall give appropriate notice to the market along with all the relevant details and justification for the same.
Now SEBI has allowed, Only in the event of exceptional circumstances, where there is extreme price movement, beyond the initial slab of the DPL, in the international markets, during trading hours or after the closure of trading on domestic exchanges, the stock exchanges can relax the DPL directly by the required level, by giving appropriate notice to the market.
The provision of the said SEBI circular shall be effective immediately.
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