The Bombay Stock Exchange (BSE) on October 07, 2023, notified regarding the Clearing, Settlement & Risk management Procedure of Options contracts on underlying Futures in Gold, Silver, Brent Crude Oil and WTI Crude Oil with reference to the BSE circular no. 20231006-26 dated October 06, 2023.
The members are requested to note that ICCL will offer clearing and settlement services for trades executed on Gold, Silver, WTI Crude Oil and Brent Crude Oil Options on Futures Contracts in the Commodity Derivatives Segment of BSE Ltd. (“BSE”).
The members are requested to refer to the attached Annexure I specifying the risk management procedure & Annexure II specifying the details regarding Settlement Schedule & devolvement procedure.
Kindly find the Annexure attached to document below.
[Notice No. 20231007-2]
