It was found that the stability of the complex of copper(II) with the macrocyclic ligand cyclam (1,4,8,11-tetraazacyclotetradecane) was much greater than expected in comparison to the stability of the complex with the corresponding open-chain amine.
This phenomenon was named the macrocyclic effect and it was also interpreted as an entropy effect. However, later studies suggested that both enthalpy and entropy factors were involved.
An important difference between macrocyclic ligands and open-chain (chelating) ligands is that they have selectivity for metal ions, based on the size of the cavity into which the metal ion is inserted when a complex is formed. For example, the crown ether 18-crown-6 forms much stronger complexes with the potassium ion, K than with the smaller sodium ion, Na.
In hemoglobin an iron(II) ion is complexed by a macrocyclic porphyrin ring. The article hemoglobin incorrectly states that oxyhemoglogin contains iron(III). It is now known that the iron(II) in hemoglobin is a low-spin complex, whereas in oxyhemoglobin it is a high-spin complex. The low-spin Fe ion fits snugly into the cavity of the porphyrin ring, but high-spin iron(II) is significantly larger and the iron atom is forced out of the plane of the macrocyclic ligand. This effect contributes the ability of hemoglobin to bind oxygen reversibly under biological conditions. In Vitamin B12 a cobalt(II) ion is held in a corrin ring. Chlorophyll is a macrocyclic complex of magnesium(II).