The Multi Commodity Exchange of India Limited (MCX) on December 30, 2024, issued the Clearing and Settlement Holidays for the year 2025.
In terms of the Regulation 10.3, list of Clearing and Settlement holidays, on account of banking holidays, for the year 2025 are notified in the table.
The following have been stated:
• As banks will observe holidays on the above mentioned days, settlement of the Pay–in/Pay–out obligations falling due on these days shall be done on the next banking day.
• The members are advised to keep sufficient margins and collateral allocations with MCXCCL for uninterrupted trading for any trading session/s on these days since, MTM Loss of the previous day(s) along with other obligations shall be blocked from the Clearing Member’s margin limits.
• Bank holidays falling on Saturdays and Sundays excluded from the list.
• This list is subject to change as per decision of the MCXCCL.
[MCX Circular No. MCX/MCXCCL/853/2024]
