The National Stock Exchange (NSE) on October 13, 2023, issued a circular regarding the introduction of Gold Guinea Futures (8 grams) in Commodity Derivatives Segment with reference to NSE circular NSE/COM/58924 dated October 13, 2023.
Members are requested to note following in addition to risk management, clearing and settlement procedure including delivery process mentioned in our consolidated circular download reference NCL/COM/57351 dated June 30, 2023.
• Contracts shall be settled by physical delivery.
• Quality specifications for delivery shall be as stipulated by Exchange in the circular NSE/COM/58924 (Gold Guinea Futures (8 grams)) dated October 13, 2023, and circulars issued from time to time.
• The primary delivery centre shall be Ahmedabad and there shall be no additional delivery centres.
This circular shall be effective from October 16, 2023.
[Circular No. 361]
