The Multi Commodity Exchange of India Limited (MCX) on March 06, 2026, issued a circular regarding Review of minimum Volatility Scan Range (VSR).
Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) has issued a notification to its clearing members regarding a revision in the Volatility Scan Range (VSR). This update is issued in continuation of its earlier circular dated February 09, 2026 and is in accordance with the rules, byelaws, and regulations of the clearing corporation.
The revision has been made after conducting back-testing of the volatility parameters, as required under the guidelines of the Securities and Exchange Board of India (SEBI) specified in its circular dated January 11, 2021. Based on this analysis, MCXCCL has reviewed and determined the updated VSR values, which are provided in Annexure 1 of the circular.
The revised VSR will be applicable for margin calculations and risk management purposes for clearing members trading through MCXCCL.
[Circular No. MCX/MCXCCL/115/2026]
