MCXCCL notified regarding the Due Date Rates for Index Futures Contracts

Nov 22, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe 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]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT