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Multi Commodity Exchange of India

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McxIndia:Indian Multi Commodities McxIndia is an Indian online trading platform for foreign trade products, established in 2003 and recognized by the Securities and Exchange Board of India (Sebi), but it is only allowed to trade in foreign exchange derivatives. The Indian Multi Commodity Exchange, controlled by Indian market entrepreneur Jignesh Shah, is the third stock exchange to be established in India.

The Multi Commodity Exchange of India hopes to capitalize on India's Growing stock market culture. The Multi Commodity Exchange of India is controlled by Shah's Financial Technologies, with other shareholders including a range of domestic financial institutions such as the National Stock Exchange. The Multi Commodity Exchange of India has sold 18% of its shares to domestic banks and is currently looking for foreign investors. Foreign investors can only hold no more than 5% of the shares of the Indian Stock Exchange. Fidelity holds a 9% stake in the Multi Commodity Exchange of India, but is in the process of reducing its stake. As India's premier commodity futures exchange, the Multi Commodity Exchange of India is committed to facilitating online trading, liquidation and placement of commodity futures and providing a risk management platform. The Multi Commodity Exchange of India provides clients with access to more than 30 commodity futures contracts, including gold, iron and non-ferrous metals, energy and agricultural products.

The Multi Commodity Exchange of India is concerned with creating an ecosystem of commodity trading participants, adopting a secure, neutral and transparent mechanism to form high quality parameters and trading regulations in line with the regulatory framework. The Multi Commodity Exchange of India has an expansive national reach with over 2,100 members operating at 400,000 trading terminals across 1,700,700 cities and towns in India.

The Multi Commodity Exchange of India Limited (MCX), India's first listed exchange, is a state-of-the -the-art, commodity futures exchange that facilitates online trading, and clearing and settlement of commodity futures transactions, thereby The Exchange, which started operations in November 2003, operates within the regulatory framework of the Forward Contracts Regulation Act, 1952, which provides a platform for risk management. Forward Contracts Regulation Act, 1952 (FCRA, 1952) and regulations there under.

MCX offers trading in more than 30 commodity futures contracts across segments

MCX offers trading in more than 30 commodity futures contracts across segments including bullion, ferrous and non-ferrous metals, energy, and agricultural commodities. exchange focuses on providing commodity ecosystem participants with neutral, secure and transparent trade mechanisms, and formulating quality The Exchange focuses on providing commodity ecosystem participants with neutral, secure and transparent trade mechanisms, and formulating quality parameters and trade regulations, in conformity with the regulatory framework, The Exchange has an extensive national reach, with over 2100 members, operations through more than 400,000 trading terminals (including CTCL), spanning over 1770 cities and towns across India.

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MCX is India's leading commodity futures exchange with a market share of 87.3 per cent in terms of the value of commodity The Exchange was the third largest commodity futures exchange in the world, in terms of the number of contracts The Exchange was the third largest commodity futures exchange in the world, in terms of the number of contracts traded in CY2012, based on the Futures Industry Association's annual volume survey released in March 2013, Moreover, as per the survey, during CY 2012, MCX was the world's largest exchange in silver and gold futures, second largest in copper and natural gas futures, and the third largest in The MCX was the world's largest exchange in silver and gold futures, the second largest in copper and natural gas futures, and the third largest in crude oil futures.


Multi Commodity Exchange of India
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