03 Sep 2019, 09:00 AM

Introduction of staggered delivery tender period for MCX contracts from October expiry

MCX has introduced/modified the provisions on tender period under the staggered delivery tender period for all the Compulsory Delivery contracts expiring from October 2019 for the below-listed commodities:

Base Metals Agri Precious Metals
Aluminium/Aluminium Mini Castor Seed Gold Guinea
BRASSPHY Mentha Oil Gold Petal
Copper Black Pepper
Lead/Lead Mini RBD Palmolein
Zinc/ Zinc Mini

Accordingly, at Zerodha, you are required to square-off your positions 5 days prior to the expiry date.

Refer to the exchange circulars, 1, 2, & 3 for more information.