The National Stock Exchange (NSE) on October 06, 2023, issued a circular on the Clearing, Settlement & Risk management Procedure of Options contracts on underlying WTI Crude Oil and Natural Gas Futures in Commodity Derivatives Segment with reference to circular no. NSE/COM/58758 dated October 05, 2023.
The members are requested to note that NSE Clearing Limited will offer clearing and settlement services for trades executed on Options contracts on underlying WTI Crude Oil and Natural Gas Futures in Commodity Derivatives Segment of the National Stock Exchange of India Limited (NSEIL).
Kindly find attached the Annexure A specifying the risk management procedure & Annexure B specifying the details regarding Settlement Schedule & devolvement procedure.
[Circular No. 350/2023]
