MCX issued Due Date Rates Index Futures Contracts

Sep 23, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on September 06, 2024, issued a notification regarding the Due Date Rates Index Futures Contracts.

At the expiry of index futures contracts, they will be cash settled based on the Due Date Rate or Final Settlement Price, as outlined by MCX in the contract specifications. For the MCXMETLDEX index futures contract expiring on September 19, 2024, MCX has calculated the Due Date Rate, details of which are available in the attached document.

[Notification No. MCX/MCXCCL/619/2024]


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