Wednesday, October 7, 2026

MCX revises expiry dates for copper, zinc March options to March 23

Date:

The Multi Commodity Exchange of India (MCX) has revised the expiry dates for March 2026 copper and zinc options contracts, advancing them by one day to March 23, 2026, according to a circular issued on February 20.The exchange said the change follows a revision in the expiry of the underlying March 2026 futures contracts, which has been moved from March 31 to March 30 due to a trading holiday.

As options contracts expire ahead of their underlying futures, the copper and zinc options expiry has been correspondingly shifted from March 24 to March 23.
MCX said revised sensitivity reports for the affected options contracts will be released at the end of the day from March 17 to March 20, 2026.ALSO READ |  Why gold and silver are rising in India today

The exchange also outlined timelines related to option devolvement. Intimation for devolvement can be issued between March 19-23, while the first and second margin requirements will be applicable on March 20 and March 23, respectively.

Trading in devolved futures positions will begin from March 24, 2026, MCX added.The exchange further clarified that although the market watch screen may continue to display March 24 as the expiry date, the actual expiry for the contracts will be March 23. Updated contract details will be reflected in system files such as scrips.bcp and MCX_ProductMaster.csv from February 23, 2026, it said.

ALSO READ | Coal India shares near 52-week high — Key factors fueling the latest surge

MCX has advised members to take note of the revised timelines and inform their clients accordingly.

The Multi Commodity Exchange of India (MCX) is India’s leading national-level electronic commodity derivatives exchange, headquartered in Mumbai.

Established in 2003, it is regulated by the Securities and Exchange Board of India (SEBI) and facilitates trading in futures and options across commodities like metals, energy, and bullion.

Shares of MCX ended over 3% higher at ₹3,553.50 on the NSE today, March 5.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

RBI Bulletin says Indian economy remains resilient but global risks are rising

India’s economy remains resilient despite a worsening global backdrop,...

12 years of Make in India: What worked, what’s unfinished and what comes next

India has made visible gains in manufacturing over the...

Why India did not sign an FTA with China, according to Piyush Goyal

India had signed trade agreements with economies such as...

EU regulations could push up costs and hurt European businesses, Piyush Goyal says

Commerce and Industry Minister Piyush Goyal has warned that...