NSE notified regarding the Clearing, Settlement, and Risk Management Mechanism for WTI Crude Oil Mini Futures and Natural Gas Mini (Henry Hub) Futures Contract in Commodity Derivative Segment

Oct 12, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on October 11, 2023, issued the notification regarding the Clearing, Settlement and Risk Management Mechanism for WTI Crude Oil Mini Futures and Natural Gas Mini (Henry Hub) Futures Contract in Commodity Derivative Segment.

The following has been stated namely: -

• All the existing clearing and settlement procedures along with the extant risk management measures adopted for present future WTI Crude Oil Futures and Natural gas (Henry Hub) Futures contracts shall apply mutatis mutandis to the above-mentioned Mini Future contracts also. 

This circular shall be effective from October 13, 2023.

 

[Notification No. NCL/COM/58879]


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