MCX surges 3% after withdrawing extra margins on gold and silver futures; explore how this could impact trading and revenue.
MCX said the extra margin of 3 per cent on gold futures contracts (across all variants) and 7 per cent on silver futures ...
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Thinking of trading gold or silver futures on MCX? It just got cheaper
The MCX and the National Stock Exchange, or NSE, have removed the additional margins that were recently imposed on gold and silver futures contracts. In simple language, traders now need to block less ...
MCX said the 3 percent additional margin on all gold futures contracts and the 7 percent additional margin on all silver futures contracts have been removed with effect from. The exchanges had ...
Multi Commodity Exchange of India (MCX) gained 3.15% to Rs 2,415 after the exchange announced withdrawal of additional margins imposed on gold and silver futures contracts with effect from 19 February ...
MCX, the country’s largest commodity derivatives exchange and the largest stock exchange NSE, have removed the additional margin levied on gold and silver futures contract with the prices cooling off ...
“Additional Margin of 3% levied on Gold Futures (all contracts of all variants) and 7% levied on Silver Futures (all ...
MCX and NSE withdraw additional margins on gold and silver futures from February 19, easing trading costs amid recent price corrections in bullion markets.
Gold futures for April delivery edged higher to ₹1,56,050 per 10 gram on the MCX during the morning session, while silver futures for March delivery rose to ₹2,44,901 per kilogram ...
MCX says it would remove the 3 per cent additional margin on all gold futures contracts and the 7 per cent extra margin on silver futures ...
Gold spot prices have declined 10 per cent, while silver spot prices are down by 33 per cent, since the start of February. This had led to an increase in margin requirements for gold and silver ...
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