Clearing house/corporation of MCX-SX stands in as the counterparty for each transaction; so participants need not worry about default.

In the event of a default, clearing house/ corporation fulfils all obligations and recovers dues and penalties from the defaulter.

Contracts can be squared off any time during the Exchange's working hours and during the life of the contract. Squaring off can be done by entering an opposites trade position in the underlying contract before its maturity.

All contracts that are open on expiry will be settled in Indian rupee in cash at the reference rate specified by RBI.