Don’t miss the latest developments in business and finance.

MCX launches 3 contracts in buillion, natural gas

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 12:15 AM IST

The country's largest commodity bourse, MCX, today launched three futures contracts in natural gas and bullion for expiry in January and February 2010 respectively.

The natural gas contract will expire in January 2010, while gold HN1 and silver HN1 will end in February next year, the circular of the exchange said. 

MCX said an individual trader interested in the natural gas contract can trade up to 50,00,000 metric million British thermal unit (mmBtu), while members can have exposure of up to 2,00,00,000 mmBtu.

In gold HN1 contract, trading members and individual clients are allowed to trade up to six tonnes and two tonnes of gold respectively, it said.

The trading limit for members in silver HN1 contract is 150 tonnes, while for clients it is up to 50 tonnes, it added.

More From This Section

First Published: Oct 28 2009 | 12:44 PM IST

Next Story