Circulars

CLEARING AND SETTLEMENT HOLIDAY ON APRIL 1, 2019 AND REVISED SETTLEMENT SCHEDULE FOR BRASSPHY AND ALUMINIUM MARCH 2019 CONTRACTS

In terms of the provisions of the Rules, Bye-Laws and Regulations of the Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), Members of the MCXCCL/MCX are notified as under: 

On account of Yearly Closure of Banks on April 01, 2019, there will be no fund settlement related activities on Monday April 01, 2019. Pay-In and Pay-out of Friday March 29, 2019 and Monday April 01, 2019 shall be executed on Tuesday April 02, 2019 

Accordingly, Delivery funds pay-in/ pay-out of BrassPHY and Aluminium March 2019 contracts scheduled on April 01, 2019 has also been revised to April 02, 2019. The revised Settlement Schedule for BrassPHY and Aluminium contract expiring in March 2019 is specified as Annexure. 

Members and their constituents are requested to take note of the same.....Read More 

22 Mar 2019 10:24 AM