Bullion Index Future Trading will be at MCX wef 24 Aug 2020
Given below is Basic details of MCX Bullion index contract:*
# Segment: FUTIDX
# Symbol: MCXBULLDEX
# Trading Unit: 50 times index value.
# Price quotation: Index points.
# Market lot: 50
# Tick size: 1
# Profit/ loss per one rupee change: 50.
# Expiry: Monthly
# Settlement: Cash settlement ( No delivery).
# Index Weightage: Gold (70.52%) and Silver (29.48% ).
# Index value: 16000 (Approx).
# Contract value: 8,00,000 Approx. (16000*50)
# Margin %: 6% Approx. Or based on VaR.
# Margin value: 48,000 (Approx.) Or based on VaR.
Do participate in this New product on MCX platform from 24th August, 2020.
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