The Multi Commodity Exchange of India Ltd. (MCX), on January 13, 2026, has announced a modification in the Copper Options contracts with Copper (2500 kilograms) Futures (compulsory delivery) as the underlying, in accordance with the Exchange’s Rules, Bye-Laws, and Business Rules.
With effect from January 27, 2026, the Exchange will introduce additional strike prices for Copper Options. The existing strike scheme of 7-1-7 will be revised to 15-1-15, applicable to February 2026 expiry contracts and onwards.
The revised contract specifications and trading parameters, as detailed in the Annexure to the circular, will be binding on all Members and constituents trading through them. For margin requirements, Members are advised to refer to the latest circulars issued by Multi-Commodity Exchange Clearing Corporation Limited (MCXCCL) from time to time.
Members are requested to take note of the above changes and ensure necessary system readiness.
Please refer to the document attached below for more details.
[Circular no.: MCX/TRD/021/2026]
