Settlement of Crude oil options and futures

[Pai]

Shiva from our team explained why we dont enable physical delivery. Technically its possible.

MCX delivery of commodities

As you may already know, MCX contracts are compulsory delivery contracts, meaning that upon contract expiry, you will receive the physical commodity. The delivery process will be done by the broker if they are facilitating MCX physical delivery Delivery Process: Open a COMRIS Account: Similar to a demat account, you will need to open a COMRIS (Commodity Receipts Information System) account to store your receipts. Receipt of Delivery: If you have a COMRIS account and a GST number, the count…