The Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on June 05, 2024, issued a notification regarding the Timeline for the release of various forms of collaterals.
In terms of the provisions of the Rules, Bye-Laws and Regulations of Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) and in terms of Chapter 2 - Collateral Management of MCXCCL Circular No. MCXCCL/COMP/108/2024 dated April 30, 2024, Clearing Members of MCXCCL are notified as under: The timeline for the release of various forms of collaterals are mentioned in the document attached.
In case of a request for the release of securities towards the pay-in requirement, clearing members should ensure that such a request is made one day prior to pay-in and not on the pay-in date.
[Notification No. MCX/MCXCCL/376/2024]
