MCX to launch futures on Codex Energy by admin- Thursday, August 26th, 2021 08:03:33 AM
The trading unit will be ₹a hundred twenty five and minimal order length is at eighty lots
MCX, the country’s biggest commodity change, has received marketplace regulator Sebi popularity of launching futures buying and selling on iComdex Energy index.
The date of launch of the index futures may be knowledgeable to the market contributors, said the alternate in a statement. The index agreement might be coins settled on expiry.
The power index captures the price movement of crude oil and natural gasoline. The buying and selling unit will be ₹one hundred twenty five and minimal order size has been constant at 80 plenty.
The maximum trading limit for man or woman customers can be 1,000 masses or five in line with cent of market huge open position, whichever is better for all iComdex Energy index futures contracts combined collectively.
For individuals maximum restrict has been fixed at 10,000 lots or 15 consistent with cent of market huge open function, whichever is higher for all iComdex Energy index futures contracts mixed collectively.