MCX iCOMDEX ENRGDEX Futures

Please Share

MCX iCOMDEX ENRGDEX Futures : The New Index to launched on 07 Oct 2021

Weights : Crude Oil 75 % Natural Gas 25 %

Weights based on –

Liquidity: ADT of underlying futures (75%) (of last 12 months)

Physical Market Size (25%) (average of last 5 years)

Parameter	Particulars
Trading Unit	125 times INDEX (ENRGDEX) (~ Rs 6.5 lakh @ ~5,200)
Tick Size	1 (₹ 125 per tick movement)
Margins	Higher of 10% or SPAN based VaR (IM) + Minimum 1% (ELM)
Daily Price Limit	As per underlying futures
Contract months	All calendar months (Atleast 3 available at any time)
Mode of Settlement	CASH
Final Settlement Price (DDR) at Expiry	Volume Weighted Average Prices (VWAP) of Underlying constituents of Index during 4:00 pm – 5:00 pm
Expiry date	3^RD DAY prior to Pre-expiry Margin Period in Crude Oil Futures contract
Position Limits	Client level : Higher of 1,000 lots or 5% of market OI Member level : Higher of 10,000 lots or 15% of market OI

Factors Influencing ENRGDEX Price :

1.Inventory data

2.OPEC Meeting outcome on Production/ Supply

3.Geo-political situation in the region

4.Demand-Supply

5.Various other factors