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:
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@Meher_Smaran margin are too high…i was reading this…this says 1 lot margin near 50K
As per the MCX Circular dated January 25th, 2021, MCXCCL has made revisions to its circular on Additional Risk Management measures in Crude Oil contracts dated September 1st, 2020.
The changes will be as below:
The Initial Margin/Short Options Minimum Margin for Crude Oil contracts has been reduced to 10% from 50%, applicable with effect from January 27th, 2021.
The current overnight margin requirement for one lot of Crude Oil contract will be Rs. 45,000 approximately.
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@ShubhS9 can you reply above query?
ShubhS9
September 20, 2023, 3:20am
4
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 :