The Multi Commodity Exchange Clearing Corporation Limited (MCX) on November 21, 2024, notified regarding the Due Date Rates for Index Futures Contracts.
The following has been stated namely: -
• It is stated that at expiry, index futures contracts shall be cash settled at the Due Date Rate/ Final Settlement Price computed in the manner specified by MCX in the relevant contract specification of the index futures contract.
• It is stated that the Due Date Rates computed by MCX for the MCXMETLDEX index futures contract expiring on November 19, 2024, is Rs. 17,268.00.
[Circular no. - MCX/MCXCCL/768/2024]