Sebi renews MCX Clearing Corporation’s recognition for 3 years

July 16, 2025

Markets regulator Sebi has renewed the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) to act as a clearing corporation for three years beginning July 31.

The market regulator, the Securities and Exchange Board of India (SEBI), has granted renewal of the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) to act as a clearing corporation for a three-year three years period.

Beginning from July 31, the renewal will be valid till July 30, 2028.

“Sebi, having considered the application for grant of renewal of recognition … by MCXCCL… and being satisfied that it would be in the interest of the trade, in the interest of securities market and also in the public interest so to do, hereby grants … renewal of recognition to the said clearing corporation for three years commencing on the 31st day of July, 2025 and ending on the 30th day of July, 2028,” the notification noted.

MCXCCL is a wholly owned subsidiary of Multi Commodity Exchange of India Limited

MCX launches Electric Futures
Earlier on July 8, MCX received SEBI’s approval to launch electricity derivatives. The company said that the Electricity Future Contract will be effective from July 10. Furthermore, the company said that the contract will be available for all 12 months of the year, and trading will initially open for the current and the next 3 months.

[The Financial Express]