NSE issued a circular regarding review of Volatility Scan Range for Option Contracts in Commodity Derivatives Segment

Apr 15, 2026 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe NSE Clearing Limited (NSE) on April 15, 2026, issued a circular regarding the review of Volatility Scan Range (VSR) for Option Contracts in the Commodity Derivatives Segment.

The following has been stated: -

•As per SEBI guidelines, the updated Volatility Scan Range (VSR) for May 2026 is announced for commodity derivatives. 

•VSR is set at 5% for Copper, Gold, and Zinc; 6% for Silver and Natural Gas. 

•Crude Oil has the highest VSR at 33% due to higher price volatility. 

•Members are advised to take note and apply these VSR limits accordingly.

[Circular Ref. No: 0136 /2026]


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