Description |
GOLDMMMYY |
GOLDMMMYY |
GOLDGUINEAMMYY |
Contract Listing |
Contracts are available as per the Contract LaunchCalendar. |
Contracts are available as per the Contract LaunchCalendar. |
Contracts are available as per the Contract LaunchCalendar. |
Contract Start Day |
16th day of contract launch month. If 16th day is a holiday, then the following working day. |
6th day of contract launch month. If 6th day is a holiday,then the following working day. |
1st day of contract launch month. If 1st day is a holiday, then the following working day. |
Last Trading Day |
5th day of contract expiry month. If 5th day is a holiday,then preceding working day. |
5th day of contract expiry month. If 5th day is a holiday,then preceding working day. |
Last calendar day of the contract expiry month. If lastcalendar day is a holiday, then preceding working day. |
Trading Period |
Mondays through Friday. |
Mondays through Friday. |
Mondays through Friday. |
Trading Session |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
Trading Unit |
1 kg |
100 grams |
8 grams |
Quotation/ Base Value |
10 grams |
10 grams |
8 grams |
Maximum Order Size |
10 Kg |
10 Kg |
10 Kg |
Tick Size (Minimum Price Movement) |
Re. 1 per 10 grams |
Re. 1 per 10 grams |
Re. 1 per 8 grams |
Initial Margin |
Minimum 4% or based on SPAN whichever is higher |
Minimum 4% or based on SPAN whichever is higher |
Minimum 5% or based on SPAN whichever is higher |
Delivery Centre(s) |
Designated clearinghouse facilities at Ahmedabad. |
At designated Clearing House facilities at Ahmedabad and at additional delivery centers at Mumbai and Delhi/ New Delhi for procedure please refer circular no. MCX/198/2005. |
Designated Clearing House facilities at Ahmedabad and additional delivery centers at New Delhi and Mumbai. |
Tender Period |
1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays. |
1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays. |
5 preceding working days before the contract expiry month. |
Delivery Period |
1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays. |
1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays. |
Two working day after the contract expiry. |
Daily Price Limits |
The base price limit will be 3%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% beyond the maximum permitted limit, and inform the Commission immediately |
The base price limit will be 3%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately. |
The base price limit will be 3%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to Regulator immediately. |