The Multi-Commodity Exchange of India Limited (MCX) on April 29, 2026, issued the Master Circular – Institutional Participants in Commodity Derivatives Markets.
The following has been stated: -
•Issued in line with the Securities and Exchange Board of India circular dated April 20, 2023, the Exchange has introduced a consolidated Master Circular for Institutional Participants in Commodity Derivatives Markets to provide all applicable guidelines in one place.
•Accordingly, Multi Commodity Exchange of India Limited has merged and updated relevant circulars and directions up to March 31, 2026, superseding earlier circulars listed in the schedule.
•Despite such rescission, all past actions, rights, liabilities, penalties, and ongoing investigations or proceedings under earlier guidelines remain valid and unaffected.
•The new Master Circular replaces the existing Business Rules of the Exchange, and members, along with their constituents, are advised to take note.
The detailed circular is given in the document below.
[Circular No: MCX/FIM/244/2026]