Multi Commodity Exchange of India Limited (MCX) is India’s first listed exchange, a state-of-the-art commodity derivatives exchange which facilitates online trading of commodity derivatives transactions, thereby making available a platform for price discovery and risk management. The exchange started operations in November 2003 and operates under the regulatory framework of the Securities and Exchange Board of India (SEBI). The last two decades have seen extraordinary change in the way we live our lives and in the role of technology in shaping our world. MCX has been a part of this unfolding story from the start.
It is an independent Indian government-owned commodity exchange based in India. MCX makes its way under the ownership of Ministry of Finance, Government of India. The average daily turnover of commodity futures contracts increased by 26 per cent to ₹32,424 crore during FY 2019-20 as against ₹25,648 crore in FY 2018-19. The total turnover of commodity futures traded on the exchange stood at ₹83.98 lakh crore in FY 2019-20. MCX offers options trading in gold and futures trading in nonferrous metals, bullion, energy and a number of agricultural commodities such as mentha oil, cardamom, crude palm oil, cotton and others.
Commodity Derivative Market
Bu hikaye Dalal Street Investment Journal dergisinin August 02, 2021 sayısından alınmıştır.
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Bu hikaye Dalal Street Investment Journal dergisinin August 02, 2021 sayısından alınmıştır.
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