The Multi Commodity Exchange Clearing Corporation Limited (MCX) on November 11, 2024, notified regarding the enhancement in the Member Reporting Portal with respect to Client Margin Reporting.
The following has been stated namely: -
• It is in reference with Circular No. MCXCCL/COMP/108/2024 dated April 30, 2024, regarding the introduction of a facility in the Member reporting portal to verify the status of client margin collection reporting and consequent shortages.
• It states that trading members attempting to login on the member reporting portal for the first time will need to reset the login ID through the ‘Forgot Password’ option. Link for login ID reset shall be sent on registered email ID.
• It further states that members shall regularly refer backoffice file MCX_MARGINSHORTAGE__.Enn for details pertaining to client margin collection shortages and provisional penalty.
[Circular no. - MCX/MCXCCL/746/2024]
