The Multi Commodity Exchange of India Limited (MCX) on July 31, 2024, issued a circular regarding applicable Open Position Limits for Agricultural Commodities.
The following has been stated: -
•In terms of the provisions of the Rules, Bye-Laws, and Business Rules of the Exchange and continuation to the Exchange circular no.: MCX/S&I/497/2023 dated July 31, 2023, issued pursuant to SEBI circular No. SEBI/HO/CDMRD/DMP/CIR/P/2017/84 dated July 25, 2017, the Members of the Exchange are notified about the applicable open position limits.
•The applicable numerical Position Limits for Agri Commodities at the Member Level and Client Level are given in the document below.
•The given position limits will be applicable with effect from September 01, 2024.
The detailed circular is given in the document below.
[Circular No. MCX/S&I/512/2024]
