MCX notified regarding the Release of Collaterals on Date of Settlement of Running Account of Client’s Funds

Jul 04, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Multi Commodity Exchange Clearing Corporation Limited (MCX) on July 03, 2024, issued the notification regarding the Release of Collaterals on the Date of Settlement of Running Account of Client’s Funds.

The following has been stated namely: -

• In regard to the Settlement of the Running Account of Client’s Funds lying with Trading Member (TM), the cut-off time for upload of the Allocation and Deallocation file shall be till 1:00 AM on July 06, 2024.

[Notification No. MCX/MCXCCL/441/2024]


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