The Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) on July 08, 2026, issued revised MPOR for Initial Margin Calculation (Aug 2026).
MCXCCL has informed Clearing Members that, as per existing rules and in continuation of its earlier circular dated 10 June 2026, the Initial Margin calculation continues to be based on scaling the Value at Risk (VaR) of commodities by their respective Margin Period of Risk (MPOR). MPOR serves as an important measure of liquidity and the time required for liquidation of commodity positions.
Following a review of liquidity conditions across all commodities and their variants, MCXCCL has determined the minimum MPOR applicable for August 2026. Accordingly, the VaR for all commodities will be scaled using the revised MPOR values as specified in Annexure-1 for margin computation.
[Circular No. MCXCCL/RISK/153/2026]
