As part of it’s periodic review. MCX has decided to levy an Additional margin of 7% each for all variants of Futures contracts of Crude Oil and Natural Gas from Friday, August 25, 2023 (Beginning of the Day). This is done as part of risk management measure to mitigate systemic risk especially given the increasing volatility of late.
You can check the MCX Circular here:
@Meher_Smaran margin are too high…i was reading this…this says 1 lot margin near 50K
Curent screenshots
MCX had increased the margin requirements in October 2021. You can check this post for more details: Revision in margin requirements for Crude Oil Contracts w.e.f 12th October 2021
Currently the initial margin requirements for Crude Oil are 33% the contract value as per MCX. You can check the details here:
