Peak margins seen taking early toll on MCX trade volumes

However, to reduce systemic risk, market regulator Sebi imposed a peak margin system across asset classes — equity, commodity, currency, interest rates — for intraday reporting.

Synopsis

Futures average daily trade (ADT) for the period March 5-12 has fallen to Rs 26,044 crore from an ADT of Rs 31,638 crore in the fiscal year through March 12, exchange data show.

Mumbai: In what could be an early sign of shrinking retail trades because of Sebi’s stringent intraday margin reporting norms, the country’s largest energy and metals exchange, MCX, has witnessed an 18 per cent fall in average daily turnover in six sessions through March 12 from average daily trades in the current fiscal year.

Futures average daily trade (ADT) for the period March 5-12 has fallen to Rs 26,044 crore from an ADT of Rs 31,638

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