The Multi Commodity Exchange (MCX) on October 09, 2024, notified regarding the Revision in the Threshold Limits for Concentration Margin.
The following has been stated:
• For Non-Agri Commodities:
Commodities shall be eligible for concentration margin if any one of the following conditions is met:
o The Open Interest Value of the commodity exceeds 5% of the Exchange Open Interest Value
o The Threshold limits specified in Annexure-1
• For Agri Commodities:
Commodities shall be eligible for concentration margin if Open Interest exceeds Threshold limits specified in Annexure-1.
Further for New & Re-launched Commodity, the threshold Open Interest Value of the commodity shall be subject to a minimum of “Rs.250 Crores” for Narrow & Sensitive Commodities and Rs 500 Crores for Broad Commodities. These minimum thresholds shall be applicable for 1 year from the date of launch of contracts in new /re-launched commodity.
[Notification No MCX/MCXCCL/680/2024]
