The Multi Commodity Exchange of India Limited (MCX) on April 30, 2026, issued the notification regarding the Master Circular – Market Operations 2026.
The following has been stated namely: -
• MCX has issued a consolidated Master Circular on Market Operations in accordance with SEBI Circular dated April 20, 2023 and the Exchange’s Rules, Bye-laws, and Business Rules.
• The Master Circular consolidates all relevant circulars and directions applicable as of March 31, 2026, replacing earlier circulars.
• Circulars and communications listed in Chapter 12 of the new Master Circular stand rescinded upon issuance of this consolidated framework.
• Any inspections, investigations, enquiries, disciplinary proceedings, liabilities, obligations, penalties, or legal actions initiated under previous or rescinded circulars will continue to remain valid and enforceable.
• The attached Master Circular will replace the existing Business Rules of the Exchange and serve as the unified reference framework for market operations.
[Notification No. MCX/TRD/253/2026]
