The Multi-Commodity Exchange Clearing Corporation Limited (MCXCCL) on April 15, 2026, issued a circular regarding the review of Margin Period of Risk (MPOR).
The following has been stated: -
•MCXCCL, in continuation of its earlier circular, has reviewed the liquidity of all commodity contracts and their variants.
•It has determined the minimum MPOR (Margin Period of Risk) applicable for May 2026.
•MPOR is used as a risk measure for liquidity and liquidation in commodity derivatives.
•Accordingly, Initial Margin will be calculated by scaling the VaR of each commodity with its respective MPOR as specified in Annexure I.
[Circular No. MCXCCL/RISK/078/2026]
