Description

NSE issues a corrigendum superseding circular NSE/EGR/74036 (May 07, 2026), specifying products available for trading in the EGR segment including GOLD1, GOLD10, GOLD100, and GLD100M under both 995 and 999 purity gold.

Summary

NSE has issued a corrigendum (Circular Ref. No: 04/2026, Download Ref No: NSE/EGR/74112) superseding the earlier circular NSE/EGR/74036 dated May 07, 2026, regarding the launch of products under the Electronic Gold Receipts (EGR) Segment. Members are directed to note the corrected product specifications listed herein.

Key Points

  • This circular supersedes NSE/EGR/74036 dated May 07, 2026 in its entirety.
  • Eight EGR products are available for trading: GOLD1, GOLD10, GOLD100, and GLD100M, each offered under two purity variants — G95 (995 purity) and G99 (999 purity).
  • Trading units range from 1 gram (GOLD1) to 10 grams (GOLD10), 100 grams (GOLD100), and 100 milligrams (GLD100M).
  • Deposit/Withdrawal units are 1 gram for GOLD1/GLD100M, 10 grams for GOLD10, and 100 grams for GOLD100.
  • Tick sizes are ₹1 for GOLD1 and GOLD10, ₹10 for GOLD100, and ₹0.10 for GLD100M.
  • Quotation/Base Value is expressed in ₹ per respective trading unit of the underlying gold purity.

Regulatory Changes

  • The corrected product matrix replaces the product details published in the earlier circular NSE/EGR/74036 (same date, May 07, 2026).
  • Products are now formally specified across two purity levels (995 and 999) for each of the four product types.

Compliance Requirements

  • All exchange members participating in the EGR segment must refer to this corrigendum (NSE/EGR/74112) and disregard NSE/EGR/74036 for product specifications.
  • Members should update their systems and client-facing documentation to reflect the corrected product details.

Important Dates

  • Circular Date: May 07, 2026
  • Supersedes: NSE/EGR/74036 dated May 07, 2026

Impact Assessment

This corrigendum clarifies and corrects the product specifications for the EGR segment launch. Market participants in the gold segment, particularly members dealing in Electronic Gold Receipts, need to align operations with the updated product matrix. The impact is moderate — limited to EGR segment participants — but important for ensuring accurate trading system configuration, margin calculations, and client disclosures across the eight EGR products listed.

Impact Justification

Corrigendum to EGR product launch circular with corrected product specifications; affects members trading in the EGR segment but limited to a niche gold receipts market.