The Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), on April 7, 2026, has notified a review of the minimum Volatility Scan Range (VSR) based on back-testing in line with Securities and Exchange Board of India (SEBI) guidelines.
The revised VSR values applicable to key commodities are as follows:
Copper – 5
Crude Oil – 33
Gold – 5
Natural Gas – 6
Silver – 6
Zinc – 5
For Options on Index:
MCXBULLDEX – 3.5
Impact:
The revision in VSR affects margin requirements for trading members, as higher VSR leads to higher margin obligations and vice versa. Members are advised to update their risk management systems accordingly.
[MCX Circular No. MCX/MCXCCL/180/2026 | MCXCCL/RISK/070/2026]
