28 Mar 2025, 08:52 AM
Modifications in Contract Specification of MCX iCOMDEX Base Metal Index (MCX METLDEX) Futures Contract
MCX has announced modifications to the contract specifications of MCX iCOMDEX Base Metal Index (MCX METLDEX) futures, effective from July 2025 and onwards expiry contracts.
Key modification:
Currently, for every ₹1 movement in MCX METLDEX, P&L varies by ₹50.
Post-modification, for every ₹1 movement in MCX METLDEX, P&L will vary by ₹40.
Please take note of these changes while trading MCX METLDEX futures contracts.