The Multi-Commodity Exchange Clearing Corporation Limited (MCXCCL) on April 09, 2026, issued a circular regarding a revision in Threshold Limits for Concentration Margin.
The following has been stated: -
•MCXCCL revised concentration margin rules as a risk management measure for Clearing Members, modifying its earlier circular.
•Non-agri commodities attract a concentration margin if open interest exceeds 5% of exchange OI or specified thresholds, while agri commodities depend only on threshold limits.
•New/re-launched commodities must meet minimum OI thresholds (₹250 crore for narrow/sensitive and ₹500 crore for broad commodities) for one year.
•Options on index are subject to concentration margin if index OI exceeds 5% of total exchange OI (futures + options).
•Margins are applied based on client/member OI levels, calculated daily, and blocked from collateral for the next trading day.
[Circular No.: MCXCCL/RISK/071/2026]
