ZINC - MCX
ZINC - MCX
ZINC - MCX
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IMPORTANT WEB SITESwww.ilzsg.org | www.ilzro.org | www.iza.com | www.metalbulletin.com | www.basemetals.com |www.futuresource.com | www.metalsmarket.net | www.metalsplace.com | www.metalprices.com |www.gfms-metalsconsulting.com | www.brookhunt.com | www.world-bureau.com | http:\\minerals.usgs.govCONTRACT SPECIFICATION OF <strong>ZINC</strong> & <strong>ZINC</strong> MINISymbolDescriptionTrading period<strong>ZINC</strong><strong>ZINC</strong>MMMYYMonday through SaturdayTrading session Monday to Friday: 10:00 am to 11:30 pmSaturday:10:00 am to 2:00 pm#<strong>ZINC</strong>MINI<strong>ZINC</strong>MINIMMYY<strong>MCX</strong>COMDEXis India’s firstreal timecompositecommodityfutures priceindexContract monthsExpiry dateTrading unitQuotation/base valueTick sizeMaximum order sizeMonthly contractsLast day of the contract5 MT` / kgDaily price limit 4%Initial marginSpecial marginMaximum allowableopen positionDelivery logicDelivery centerDelivery unitDue date rate (DDR) calculation5 paise / kg100 MTMinimum 5% or based on SPAN, whichever is higherIn case of additional volatility, an additional margin (on both buy-side& sell-side) and/or special margin (on either buy-side or sell-side) atsuch percentage, as deemed fit; will be imposed in respect of alloutstanding positions.For individual clients: 3,600 MTFor a member collectively for all clients: 18,000 MT or not more than15% of the market-wide open position, whichever is higher.Both optionsWithin 20 km outside mumbai octroi limits10 MT with tolerance limit of +/– 1% (100 kg)1MTDue date rate is calculated on the last day of the contract expiry, bytaking international spot price of Zinc and it would be multiplied byRupee-US$ rate as notified by the Reserve Bank of India.#: Day light timing 10:00 am to 11:55 pm (Winter)Note: Please refer to the exchange circulars for the latest contract specifications and delivery and settlementprocedures.www.mcxindia.comFor Customer Support : +91-22-6649 4040To get the latest futures prices on mobilevisit http://m.mcxindia.com or sms “<strong>MCX</strong> ” to 58888Exchange Square, Suren Road, Andheri (East), Mumbai 400 093, India.Tel. No. 91-22-6731 8888 • info@mcxindia.com • www.mcxindia.com230212