The Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on September 26, 2024, issued a notification regarding the Release of Collaterals on the Date of Settlement of the Running Account of the Client’s Funds.
Clearing members should note that MCXCCL allows requests for the immediate release of Cash/FDR/BG until 7:00 pm on the settlement date. MCXCCL will aim to release these funds within one hour of the request, provided there are available unallocated balances in the member pool account. All other terms from previous circulars (MCXCCL/COMP/108/2024 and MCXCCL/C&S/139/2024) remain in effect.
[Notification No. MCX/MCXCCL/642/2024]
