The Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), on January 13, 2026, in continuation to its Circular No. MCXCCL/RISK/279/2025, dated December 10, 2025, has reviewed the liquidity of all commodities and their variants and finalized the minimum Margin Period of Risk (MPOR) applicable for the month of February 2026.
MPOR, which is a key risk measure reflecting liquidity and liquidation risk in commodity contracts, will continue to be applied for the computation of Initial Margins. Accordingly, the Value at Risk (VaR) of all commodities shall be scaled up by their respective MPOR, as specified in Annexure–1 to the circular.
Clearing Members are advised to take note of the revised MPOR and make necessary arrangements at their end.
[MCXCCL Circular No. MCXCCL/RISK/007/2026]
