The Multi Commodity Exchange of India Limited (MCX), on May 21, 2026, issued a circular announcing commencement of futures trading in the Silver Micro February 2027 contract in accordance with the Rules, Bye-Laws and Business Rules of the Exchange.
The Silver Micro February 2027 futures contract shall be launched for trading on June 1, 2026, and will expire on February 26, 2027. The Exchange clarified that the contract specifications and trading parameters prescribed in the annexure to the circular shall be binding on all members and their constituents trading through the Exchange.
MCX further informed members that buyers taking delivery shall be required to pay a making charge of Rs. 400 per silver bar of 1 kilogram, over and above the Due Date Rate (DDR), which shall be payable to the seller at the time of delivery. Members have also been advised to refer to circulars issued by Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) for applicable margin requirements.
[Circular No. MCX/TRD/302/2026]
