Comment on MCX - Profit/Loss for every 1 Rs change

Bhushan commented on 15 Sep 2017, 07:29 AM

I had bought goldguinea 2 lots on 11th Sep 2017 (NRML) ideally it is supposed to get squared off at the time of contract expiry i.e. on 29th Sep, but it got squared off on 14th Sep only! I also had bought NickelM on 11th Sep, it didn’t got squared off! But I fear it too will soon as last week also it got squared off in 3-4, days instead being bought as NRML.
What is this process? Why is it it getting squared off before contract expiry?

View the full comment thread »