CDS/MCX product circle on Zerodha

Mon, 11 May 2026 00:00:00 +0000

Overview

Indian financial markets are divided into distinct regulatory segments, each governed by its own set of SEBI and exchange regulations, and each requiring specific regulatory approvals for both brokers and clients. At Zerodha, the “product circle” refers to the set of market segments a client’s account is enabled to trade in. By default, a Zerodha account is enabled for equity trading on the NSE and BSE – both the cash (equity delivery) and derivatives (equity futures and options) segments. Additional segments, specifically currency derivatives (traded on the NSE’s CDS segment and the BSE’s CD segment) and commodity derivatives (traded on the Multi Commodity Exchange, MCX), require separate activation.

Product Circle on WebNotes

CDS/MCX product circle on Zerodha

Overview