The Multi Commodity Exchange of India Limited (MCX), on December 10, 2025, notified regarding review of Margin Period of Risk (MPOR).
The following has been stated namely: -
• Currently for the computation of Initial Margins, the VaR of all commodities is scaled up by their respective MPOR as per Circular No. MCXCCL/RISK/255/2025 dated November 13, 2025. MPOR is one of the risk measures of liquidity/ liquidation in commodity contracts. MCXCCL has reviewed the liquidity in all commodities and its variants and has decided the minimum MPOR for the month of January 2026.
• Accordingly, for the computation of Initial Margin, the VaR of all commodities shall be scaled up by their respective MPOR which is attached as Annexure - 1.
[MCX Circular No. MCX/MCXCCL/632/2025]
