Attention of the Members of the Indian Clearing Corporation Ltd. (ICCL) is drawn to BSE’s Circular No. 20210521-49 dated May 21, 2021, regarding Launch of Cotton J-34 Futures Contract in Commodity Derivatives Segment with effect from June 07,2021.

In this connection, Members are requested to kindly refer the attached Annexure for the detailed norms/modalities relating to Clearing & Settlement Procedure and Risk Management Framework for Cotton J-34 Futures Contract.

For other details, Members may refer the aforesaid ICCL & BSE Circulars.

For any clarifications, Members may contact their respective Relationship Managers or any of the following:

  For and on behalf of the Indian Clearing Corporation Limited

   Piyush Chourasia                                                                   Hitesh Shah

   Chief Risk Officer & Head – Strategy                                    Deputy General Manager