Is there any Restrictions on Positional Trading of SILVERMIC and GOLDPETAL?

Gaurav2k · January 13, 2020, 3:30pm

Hello,

I want to know if there’s any restrictions on Positional Trading of SILVERMIC and GOLDPETAL?? Does it requires Physical delivery or any other things to consider?

Ragavendran_M · January 14, 2020, 10:41am

Kindly note Goldpetal is staggered delivery contract and Silvermic is cash settled contract. Goldpetal you have to close before the tender period starts to avoid physical delivery whereas silvermic you can carry till expiry day.
For more information you can check here.

Gaurav2k · January 14, 2020, 1:07pm

Thank you Ragavendran, I will stay away from Goldpetal since I am a positional trader!

curiousvi · March 24, 2021, 9:40pm

Zerodha still does not allow physical delivery of commodities ? @ShubhS9

ShubhS9 · March 25, 2021, 1:13am

No. We don’t offer physical delivery of commodities.

ankur0101 · March 25, 2021, 3:06am

Sorry if I have missed, what is physical settlement?

Prayag · March 25, 2021, 3:15am

In MCX terms, it means taking actual delivery of the contracts in which one has open positions. This FAQ explains it in much more detail.

RLM · March 25, 2021, 4:43pm

can some1 , pls share some idea as to what is the number/percentage ratio (approx.) of traders/investors , in the MCX and in the NSE ; going for the physical delivery settlement ?