Commodity
Last updated
Last updated
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
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 (%) |
|---|---|---|
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 :
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,
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.
MCX Revision in Trading Hours for October 16, 2023
Trading hours for trade date October 16, 2023 is revised as under :
From October 17, 2023, the trade timings will be restored to normal as below:
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
Trading Hours for Commodity Derivatives Segment
Trading Holiday on June 29, 2023 on account of Bakri ID
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).
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
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:
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
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.
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
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.
| Contract Launch date | Contract Expiry Date | Contract Expiry Month |
|---|---|---|
Silver all variants
11.5
13
Crude Oil all variants
30
33
Current
Revised
9.00 AM -11.55 PM
9.00 AM -11.30 PM
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
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
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