Upstox announces commodity precious metals expiry details
Gold and silver contracts must be squared off by specific deadlines to avoid forced delivery.
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In short: Upstox secured a license for US stock investing via GIFT City, though it faced client panic after an erroneous account freeze email.
Gold and silver contracts must be squared off by specific deadlines to avoid forced delivery.
Electricity futures contracts with July 2026 expiry must be closed by Jul 29.
Certain securities removed from SEBI's approved list; clients must adjust portfolios to avoid auto square-off.
Fresh positions allowed until 10 PM on 22nd July 2026; maintain sufficient margin for futures contracts.
According to Kinjal Shah, CA and Vice President of the Bombay Chartered Accountants Society, that is now the defining challenge for GIFT City.
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