The Multi Commodity Exchange of India Limited (MCX) on July 23, 2024, issued a circular regarding the Due Date Rates – Index Futures Contracts.
At expiry, index futures contracts shall be cash settled at the Due Date Rate/ Final Settlement Price computed in the manner specified by MCX in the relevant contract specification of the index futures contract.
Accordingly, the Due Date Rate computed by MCX for the MCXMETLDEX index futures contract expiring in July 2024 is as under:
MCXMETLDEX July 2024 Expiry (MCX iCOMDEX Base Metal Index Futures contracts) – Rs. 16,828.00
[MCX Circular No. MCX/MCXCCL/491/2024]
