Commencement of futures trading in Cotton (29mm) January 2017 contract
In terms of the provisions of the Rules, Bye-Laws and Business Rules of the Exchange, the Members of the Exchange are hereby notified as under:
Cotton (29mm) January 2017 Contract will be available for futures trading with effect from Monday, August 1, 2016.
Trading will be allowed only upto 5:00 p.m. on the date of expiry of the contract.
The contract specifications, trading parameters, delivery and settlement procedure of the contract as have been specified in the attached Annexure 1 & 2, shall be binding on all the Members of the Exchange and constituents trading through them.
With reference to circular no MCX/T&S/082/2015 dated March 19, 2015; the LTP based Spread Trading Facility will be available in below mentioned combinations with effect from August 1, 2016.
Members are requested to take note of the same.
Encl.: As above
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