The Multi Commodity Exchange of India Limited (MCX) on February 10, 2025, notified regarding the revision in threshold limits for concentration margin.
The following has been stated namely: -
• It notifies that “For Non-Agri Commodities” commodities shall be eligible for concentration margin if their Open Interest exceeds 5% of the Exchange's Open Interest.
• It states that “For Agri Commodities” commoditites shall be eligible depending on exceeding specified threshold limits and new or re-launched commodities shall meet minimum Open Interest values of Rs. 250 Crores for narrow/sensitive commodities and Rs. 500 Crores for broad commodities, applicable for one year after launch.
• It further states that the concentration margins are calculated daily and apply until the end of the next trading day, remaining blocked from the Member's available collateral.
• The provisions of this circular shall be applicable from the beginning of February 14, 2025.
[Circular No.- MCX/MCXCCL/078/2025]
