MCX Commencement of Natural Gas Mini January 2027 Options Contract
The Multi Commodity Exchange of India Limited (MCX), on September 24, 2026, notified the commencement of trading in the Natural Gas Mini Options January 21, 2027 contract, with Natural Gas Mini (250 MMBTU) Futures as the underlying contract. The options contract will be available for trading from October 26, 2026, and the contract specifications and trading parameters prescribed in the Annexure shall be binding on Exchange Members and constituents trading through them.
The option contract expiry date is January 21, 2027, while the underlying futures contract is the Natural Gas Mini January 25, 2027 contract. Sensitivity Reports will be provided at the end of day on January 15, 18, 19 and 20, 2027. Option Devolvement Intimation may be provided from January 19 to January 21, 2027, with the first and second days of Option Devolvement Margin applicable from the beginning of day on January 20 and January 21, respectively.
Trading in futures positions resulting from option devolvement will commence on January 22, 2027. Members are required to refer to MCXCCL circulars for applicable margins. The maximum single order size for the contract is prescribed as 60,000 MMBtu (240 lots).
[Circular No. MCX/TRD/543/2026]
