The Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), on June 4, 2026, issued a circular revising the minimum Volatility Scan Range (VSR) applicable to commodity derivatives contracts. The review has been undertaken pursuant to the risk management framework prescribed by the Securities and Exchange Board of India (SEBI) and follows the earlier circular dated May 11, 2026.
MCXCCL stated that it conducted back-testing of the Volatility Scan Range in accordance with SEBI’s risk management guidelines for commodity derivatives markets. Based on the outcome of the review, revised VSR values have been specified in Annexure 1 to the circular and will be applicable for margin computation and risk management purposes.
Clearing Members have been advised to take note of the revised VSR parameters and ensure compliance with the updated margin requirements.
[MCX Circular No. MCX/MCXCCL/332/2026]
