MCX notified regarding the Reduction of Additional Margin

Feb 05, 2025 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance

The Multi Commodity Exchange Clearing Corporation Limited (MCX) on February 04, 2025, notified regarding the Reduction of Additional Margin.

The following has been stated namely: -

• It notifies that, Additional Margin of 1% levied in Gold Futures contracts (all variants) shall be withdrawn.

• It states that starting from February 6, 2025, the margin requirements for Gold Futures contracts will be as follows: the applicable margin will be the higher of the Minimum Initial Margin or the margin calculated using SPAN, and an Extreme Loss Margin of 1.25% and an additional margin of 1% will be imposed. 

[Circular No. MCX/MCXCCL/059/2025]

 


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