MCX issued a notification regarding the Modifications in contract specification of MCX iCOMDEX Bullion Index Futures Contract

Dec 12, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on December 12, 2024, issued a notification regarding the Modifications in contract specification of MCX iCOMDEX Bullion Index Futures Contract.

Trading Unit Update: The trading unit for 1 lot will change from ₹50 × MCX iCOMDEX Bullion Index to ₹30 × MCX iCOMDEX Bullion Index.

Applicability: This modification applies to contracts expiring in April 2025 and onwards.

Members are advised to notify these changes to their clients and constituents and ensure compliance with the revised specifications effective January 20, 2025.

[Notification No. MCX/TRD/810/2024]


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