The Multi Commodity Exchange of India Ltd., (MCX), on March 05, 2025, issued a notification regarding the Review of Margin Framework for Commodity Derivatives Segment.
The issued notification regarding the categorization of commodities based on their realized volatility, in accordance with SEBI circulars and modifications to previous MCXCCL guidelines. Commodities have been classified into three volatility categories, with corresponding minimum Initial Margin (IM), Short Option Minimum Margin (SOMM), Margin Period of Risk (MPOR), and Volatility Scan Range (VSR) outlined in Annexure-1.
For agricultural commodities, an additional 2% lean period margin will be imposed on contracts expiring during the designated lean period, details of which will be available on the lead exchange’s website. These provisions will come into effect from the beginning of the day on April 1, 2025.
[Notification No. MCX/MCXCCL/122/2025]
