Launch of Gold Mini Options with Gold Mini (100 grams) bar as underlying

The Exchange is pleased to announce that it has received approval of SEBI for launch of Gold Mini options with Gold Mini (100 grams) bar as underlying.

Jul 06, 2020 12:07 IST India Infoline News Service

In terms of the provisions of the Rules, Bye-Laws and Business Rules of the Exchange, the Members of the Exchange are notified as under:

The Exchange is pleased to announce that it has received approval of SEBI for launch of Gold Mini options with Gold Mini (100 grams) bar as underlying.

Gold Mini Option August 2020, September 2020 and October 2020 contracts will be available for trading with effect from July 10, 2020.

The contract specifications and trading parameters of the contract as specified in Annexure herewith, shall be binding on all the Members of the Exchange and constituents trading through them. Members may note that the maximum single order size shall be of 100 lots

The Delivery and Settlement procedure is separately intimated by Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) vide MCXCCL Circular No. MCXCCL/C&S/152/2020 dated July 06, 2020.

Members are further requested to refer to MCXCCL Circular No. MCXCCL/MO/138/2020 dated June 23, 2020 regarding various provisions with respect to Warehousing Operations.

Members are requested to take note of the same.

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