SEBI Extends MCXCCL's Recognition as Clearing Corporation for 3 Years

The Securities and Exchange Board of India (SEBI) has renewed the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) for another three years. As per the filings, the renewed term begins on July 31, 2025, and will remain in effect until July 30, 2028.

SEBI issued a notification on July 15, 2025, confirming the approval. It stated that the renewal was granted after reviewing the application submitted by MCXCCL and determining that the continuation serves the interest of trade and the securities market.

MCXCCL's Role

MCXCCL is a wholly owned subsidiary of Multi Commodity Exchange of India Ltd (MCX). It functions as the clearing corporation for trades conducted on the MCX platform, handling settlement and related processes.

Earlier this month, MCX received approval from SEBI to introduce electricity derivatives. The Electricity Futures contract went live on July 10, 2025. The electricity futures approval was granted on July 8, 2025. This is part of the exchange's plans to introduce new instruments within the regulatory framework.

The contracts will be available for trading across all 12 calendar months. Initially, contracts for the current and the following three months will be open for trade.

Operational Structure

MCXCCL continues to serve as the central counterparty for commodity trades on MCX. It is responsible for managing counterparty risk, ensuring timely settlements, and maintaining transactional integrity.

Read More: MCX Set to Launch Electricity Futures: 5 Things You Should Know!

MCX Share Price Performance

As of July 17, 2025, at 11:15 AM, MCX share price is trading at ₹8,351.50, a 0.35% decrease.

Conclusion

The clearing corporation’s recognition has been extended by SEBI through July 2028. Alongside, MCX has added electricity futures to its offerings, with regulatory approvals already in place.

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