MCX issued a notification regarding the Commencement of Trading in Crude Oil Mini January 2025 Options Contract with Crude Oil Mini (10 Barrels) Futures as underlying

The Multi Commodity Exchange Clearing Corporation Ltd. (MCX), on October 21, 2024, issued a notification regarding the Commencement of Trading in Crude Oil Mini January 2025 Options Contract with Crude Oil Mini (10 Barrels) Futures as underlying.

The Exchange has announced that the Crude Oil Mini Options contract for 15 January 2025 will be available for trading starting from October 22, 2024. The contract details, including the underlying futures contract (Crude Oil Mini 17 January 2025), start and expiry dates, and trading parameters, are specified in an annexure provided to members. Sensitivity reports will be issued on January 9, 10, 13, and 14, 2025, with option devolvement intimation allowed from January 13 to 15, 2025. Margins for devolvement will apply from January 14 and 15, 2025. Post-devolvement trading in futures positions will begin on January 16, 2025. The maximum order size is capped at 10,000 barrels (1,000 lots).

[Notification No. MCX/TRD/703/2024]