MCX notified regarding the Commencement of Futures Trading in Crude Oil in January 2025 and Crude Oil Mini January 2025 Contracts

Jul 21, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe Multi Commodity Exchange (MCX) on July 19, 2024, notified regarding the Commencement of Futures Trading in Crude Oil in January 2025 and Crude Oil Mini January 2025 Contracts.

The following has been stated:

• The Crude Oil January 2025 and Crude Oil Mini January 2025 Futures contracts will be available for trading as below:

o Contract Launch date: July 22, 2024

o Contract Expiry Date: January 17, 2025

o Contract Expiry Month: January 2025

• The contract specification and trading parameters of the Crude Oil and Crude Oil Mini contracts as specified in Annexure-1 and Annexure-2 herewith respectively, 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/479/2024]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT