The Multi Commodity Exchange (MCX) on September 30, 2024, notified regarding the Commencement of Copper January 2025 Option Contract with Copper (2500 Kilograms) Futures (Compulsory delivery) as underlying.
The following has been stated:
• The contract specification and trading parameters of the contracts as specified in Annexure herewith, shall be binding on all the Members of the Exchange and constituents trading through them. Further, it may be noted that, for all the applicable margins, the Members are requested to refer the latest circulars issued by Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) from time to time.
• The Members may note that the maximum single order size shall be of 70000 Kgs (28 lots).
[Notification No MCX/TRD/651/2024]
