The Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) on December 26, 2024, issued a circular regarding Due Date Rates – Index Futures Contracts.
The following has been stated: -
•Clearing Members of the MCX Clearing Corporation are notified that the MCXBULLDEX index futures contract expiring in December 2024 will be cash-settled based on the Due Date Rate (DDR). The DDR for MCXBULLDEX is 18,548.00, with a base quantity of 1 index point.
•The DDR calculation is in line with the relevant contract specifications. Members and participants are advised to take note of this information.
[MCXCCL Circular No. MCXCCL/DDR/323/2024]
