MCX issued the Due Date Rates Index Futures

Oct 29, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on October 28, 2024, issued a notification regarding the Due Date Rates Index Futures Contracts.

Per the Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) rules, index futures contracts will be cash-settled at the Due Date Rate (DDR) or Final Settlement Price at expiration. For the MCXBULLDEX index futures contract expiring on October 25, 2024, MCX has set the DDR at ₹19,512.00 for a base quantity of 1 index point.

[Notification No. MCX/MCXCCL/720/2024]

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