For futures contracts, the transaction payment is Rs 2.10 per lakh turnover, whereas for Options As per the contract, the premium turnover will likely be Rs 41.80 per one lakh, MCX mentioned in a notification issued on Tuesday.
MCX affords buying and selling in commodity derivatives contracts throughout various sectors, together with gold bullion, industrial metals, power and agricultural commodities, in addition to indices comprised of those contracts. It was the primary alternate in India to launch commodity choices in addition to futures contracts on gold, base metals and power indices.
As of June 30, 2024, the alternate has in depth nationwide attain with 544 registered members and 35,537 approved individuals, with operations in roughly 669 cities and cities in India. Roughly 97.84% of the buying and selling worth of commodity futures contracts within the monetary yr 2024-25 (April 2024 to June 2024).
MCX shares closed barely decrease at Rs 5,874 on the NSE at present, down 0.55 or 0.01% from Monday’s closing value. The inventory additionally hit a 52-week excessive of Rs 6,014.40 at present, however broke its four-game profitable streak.
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