The Multi Commodity Exchange (MCX) on December 31, 2024, issued a circular regarding the Commencement of trading in Copper April 2025 Option Contract with Copper (2500 Kilograms) Futures (Compulsory delivery) as underlying.
The following has been stated: -
•Trading in the Copper April 2025 Option Contract, with Copper Futures (2500 Kilograms) as the underlying, will commence on January 01, 2025.
•The contract will expire on April 23, 2025, with option devolvement occurring from April 21 to 23, 2025. The first day of trading after option positions devolve into futures will be April 24, 2025.
•Members must adhere to the contract specifications, trading parameters, and margin requirements as outlined in the relevant circulars.
The detailed circular is given in the document below.
[Circular No. MCX/TRD/859/2024]
