The Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on July 19, 2024, issued a notification regarding the Commencement of Trading in Crude Oil October 2024 Option Contract with Crude Oil (100 Barrels) Futures as underlying.
In terms of the provisions of the Rules, Bye-Laws and Business Rules of the Exchange, the Members of the Exchange are hereby notified as under the Crude Oil Option October 17, 2024 contract will be available for trading with effect from Monday, July 22, 2024. The contract specification, trading parameters, devolvement and settlement procedure of the contracts as specified in the circular issued by the Exchange, shall be binding on all the Members of the Exchange and constituents trading through them. Further, it may be noted that, for all the applicable margins, the Members are requested to refer to the latest circulars issued by Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) from time to time.
[Notification No. MCX/TRD/480/2024]
