The Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) on June 09, 2026, issued a circular regarding a revision in Threshold Limits for Concentration Margin.
The following has been stated:-
•MCXCCL has revised the threshold limits and applicability of concentration margins for commodity and index derivative positions as a risk management measure, effective June 15, 2026.
•Concentration margins will apply to specified non-agri and agri commodities based on open interest thresholds, with separate criteria for newly launched and re-launched commodities.
•The circular prescribes revised client-level and clearing member-level concentration margin slabs, with higher margins applicable as a participant's share of exchange-wide open interest increases.
•Hedge positions held under approved hedge codes will remain exempt from concentration margin requirements.
•Detailed rules have been provided for calculating open interest in commodity futures and index options, including treatment of net short option positions.
•Members are also required to collect and report concentration margins from clients and will receive daily concentration margin reports through their SFTP folders.
[Circular No. MCXCCL/RISK/126/2026]
