The Multi Commodity Exchange (MCX) on November 25, 2024, issued a circular regarding the commencement of the Natural Gas Mini February 2025 Options Contract with Natural Gas Mini (250 MMBTU) Futures as underlying.
The following has been stated: -
•The Natural Gas Mini Options 21 February 2025 contract will be available for trading starting November 26, 2024.
•The contract specifications and settlement procedures are outlined in MCX/TRD/719/2024 (October 28, 2024), and members must comply with these rules. For margin requirements, members should refer to MCXCCL’s latest circulars.
•The contract expires on February 21, 2025, with sensitivity reports available from February 17-20, 2025.
•Option devolvement will occur from February 19-21, 2025, with futures positions starting February 24, 2025.
The detailed circular is given in the document below.
[Circular No.: MCX/TRD/776/2024]
