The Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on November 14, 2024, issued a notification regarding the Modification in Gold, Gold Mini, Silver and Silver Mini Options contracts.
The Exchange has announced modifications and the introduction of additional strike price intervals for Gold and Silver Options contracts, including their Mini variants, effective November 25, 2024. This decision applies to all existing and upcoming contracts and revises the strike intervals as follows:
•Gold (1 Kg) and Gold Mini (100 g): Existing strikes of "25-1-25" are updated to "50-1-50."
•Silver (30 Kg) and Silver Mini (5 Kg): Existing strikes of "25-1-25" are updated to "40-1-40."
These updates, referenced in prior circulars, aim to enhance contract flexibility and trading efficiency across running and forthcoming options on futures contracts.
[Notification No. MCX/TRD/756/2024]
