MCXCCL issued a circular regarding Due Date

Nov 21, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) on November 21, 2024, issued a circular regarding Due Date Rates.

The following has been stated: -

•The Due Date Rates (DDR) for the future contracts of CRUDEOIL and CRUDEOILM, which expired on November 19, 2024, have been set at ₹5,857.00 per barrel.

•This rate applies to both commodities. Members and market participants are advised to take note of these rates. The base quantity for each contract is 1 barrel.

[MCXCCL Circular No. MCXCCL/DDR/295/2024]

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