Margins for crudeoil futures has increased drastically with no mis and co,bo being offered. The volumes too have taken a hit and so has revenues for mcx. How long it would be till margins are restored for crudeoil contracts ? @nithin @siva
It depends on global crude price volatility, we can’t exactly give a timeline.
Okay, but would this be the new norm fro now on or margins might be restored to what it was earlier ? If volumes are drying up, how would mcx make money.