The Multi Commodity Exchange of India Limited (MCX) on November 19, 2024, issued the notification regarding Commencement of Trading in Crude Oil February 2025 Option Contract with Crude Oil (100 Barrels) Futures as underlying.
The following has been stated namely: -
• Crude Oil Option 17 February 2025 contract will be available for trading with effect from Wednesday, November 20, 2024.
• The contract specification, trading parameters, devolvement and settlement procedure of the contracts as issued by the Exchange, shall be binding on all the Members of the Exchange and constituents trading through them.
[Notification No. MCX/TRD/763/2024]