The Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on October 17, 2024, issued a notification regarding the Delivery & Invoices Settlement Schedule for November 2024 expiry contracts.
Notice regarding the Delivery and Invoices Settlement Schedule for contracts expiring in November 2024, as outlined in Annexure 1 and Annexure 2. These annexures specify the timelines for the pay-in/pay-out of funds and commodities, the delivery settlement modes, and the invoices settlement timelines for different commodities. Members are required to follow the defined timelines and ensure that all necessary delivery-related documentation, including tax invoices and supporting documents, are provided to the respective buyers as per the schedule.
Members are also advised to handle delivery invoicing matters under intimation to MCXCCL via email at [email protected], with a standardized email subject format, including the settlement number and commodity. The circular reminds members and their constituents to strictly adhere to the outlined settlement schedule and refer to the detailed delivery settlement procedures for any further guidance on the respective commodities.
[Notification No. MCX/MCXCCL/694/2024]
