Laws and sections by number or title, due dates, pages, and updates.
NSE Clearing Limited updates the Volatility Scan Range for option contracts in the commodity derivatives segment. This change applies to specific commodities and their variants for the month of October 2026. Members must note the revised percentage values for Copper, Gold, Silver, Zinc, Crude Oil, and Natural Gas. These values determine the risk parameters for the specified period.
What you must do
Key dates
Who is affected
Thresholds
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[Image omitted. See the official document.]
| Department: COMMODITY DERIVATIVES SEGMENT | |
|---|---|
| Download Ref No: NCL/COM/76334 | Date: September 15, 2026 |
| Circular Ref. No: 0335/2026 |
All Members,
Sub: Review of Volatility Scan Range (VSR) for Option Contracts in Commodity Derivatives Segment
This is in continuation to our circular no. 0294/2026 (Download Ref no NCL/COM/75751) dated August 14, 2026, and with reference to SEBI circular SEBI/HO/CDMRD/DRMP/CIR/P/2021/08 dated January 11, 2021, on Review of Volatility Scan Range (VSR) for Option contracts in Commodity Derivatives Segment.
Applicable VSR for the month of October 2026 shall be applicable to the below commodities including its variants:
| Sr. No | Commodity | Applicable VSR (%) |
|---|---|---|
| 1 | COPPER | 5 |
| 2 | GOLD | 5 |
| 3 | SILVER | 6 |
| 4 | ZINC | 5 |
| 5 | CRUDEOIL | 30 |
| 6 | NATURALGAS | 6 |
Members are requested to take note of the above.
For and on behalf of
NSE Clearing Limited
Huzefa Mahuvawala
Chief Risk Officer
| Telephone No | Email id |
|---|---|
| 1800 266 0050 (Select IVR option No 2) | risk_ops@nsccl.co.in |
Non-Confidential
