The NSE Clearing Limited (NCL), on August 14, 2026, issued a review of the Volatility Scan Range (VSR) applicable to option contracts in the Commodity Derivatives Segment for September 2026, pursuant to SEBI’s framework on review of VSR for commodity derivatives option contracts.
For September 2026, the applicable VSR is 5% for Copper, 5% for Gold, 6% for Silver, 5% for Zinc, 30% for Crude Oil and 6% for Natural Gas, including their respective variants. Members are required to take note of these revised/applicable ranges for the relevant contracts.
The VSR will apply for the month of September 2026 and is prescribed with reference to the applicable regulatory framework and NCL’s earlier circular dated July 15, 2026.
[Circular Ref. No. 0294/2026]
