The Multi Commodity Exchange of India Ltd., (MCX), on January 17, 2025, issued a notification regarding the Commencement of Trading in Crude Oil Mini April 2025 Option Contract with Crude Oil Mini (10 Barrels) Futures as underlying.
The Crude Oil Mini Option 16 April 2025 contract will commence trading on the Multi Commodity Exchange (MCX) from January 20, 2025. This contract is linked to the Crude Oil Mini Futures contract expiring on 21 April 2025. Key dates include the option expiry on 16 April 2025 and sensitivity report issuance on April 10, 11, 14, and 15, 2025.
Members can provide option devolvement intimation between April 14-16, 2025, with devolvement margins applicable from April 15 and 16, 2025. Trading for positions devolving into futures will commence on April 17, 2025. The contract specifications and trading parameters, as detailed in MCX circular no. MCX/TRD/703/2024, are binding on all members, with applicable margins governed by MCXCCL circulars.
[Notification No. MCX/TRD/027/2025]
