The Multi Commodity Exchange Clearing Corporation Limited (MCX) on September 26, 2024, issued the notification regarding the Revised List of Approved Securities, Approved Commodities and Approved Banks.
The following has been stated namely: -
• The revised list of approved securities, approved commodities and approved banks is enclosed as under:
o Annexure 1 – List of Approved Securities
o Annexure 2 – List of Government Securities, T-Bills and Sovereign Gold Bonds– Cash Collaterals
o Annexure – 3: List of Approved Commodities – Non Cash Collaterals
o Annexure – 4: List of Approved Banks
o Annexure – 5: List of securities that do not fulfil the critiera for approved securities.
• Clearing Member shall ensure that they do not submit any collateral including FDs, BGs, equity, or debt securities issued by CMs/TMs themselves or their group or associate entities to the Clearing Corporation.
• Margin benefit on the approved Government Securities, T-Bills and Sovereign Gold Bonds shall be withdrawn two days prior to the maturity of the respective securities
This circular shall be in effect from October 01, 2024.
[Notification No. MCX/MCXCCL/641/2024]
