MCX Circular on -Allocation / Deallocation of Collateral

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Contact: 9869265949,9870210171,  in...@secmark.in, kau...@secmark.in

Date of Issue: 2-2-2024

Issuer: MCX

Allocation / Deallocation of Collateral

Highlights of MCX Circular dated February 2, 2024

In terms of the provisions of the Rules, Bye-Laws and Regulations of Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) and in terms of MCXCCL Circular No. MCXCCL/C&S/245/2023 dated October 11, 2023, Clearing Members of MCXCCL were advised to upload maximum 10,000 records in a single allocation / deallocation file.

In partial modification to above, Clearing Members can now upload maximum 20,000 records in a single allocation / deallocation file. Consequently, an additional error code at file level for above validation has been introduced as under: 

This circular shall be effective from Wednesday, February 07, 2024.

In case of any clarification or assistance required in the implementation of this circular, you may contact

Vandana Vania - van...@secmark.in / 9223303460         

Kaushik Jethwa - kau...@secmark.in / 9870210171

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