Question

Does settlement of mcx take place by cash or delivery

Answer 1

The MCX, a monopoly in trading base metal derivative contracts in India, is gearing up for delivery-based settlement versus the current cash system. This means traders can ask for actual goods than cash for closing the contract

Answer 2

${ \huge {\bold { \green{Answer}}}} \:$

MCX. COPPER. Multi Commodity Exchange of India (MCX) has been witnessing active participation in deliverable base metal contracts from traders and industry stakeholders. The July 2019 copper contract, which was the first compulsory delivery based copper contract, has witnessed delivery of 50 metric tonnes (MT).