MCX

MCX

Multi Commodity Exchange (MCX) is an independent and de-mutulised exchange recognized by Government of India for facilitating online trading, clearing and settlement operations for commodity futures markets across the
country.

MCX has strategic alliances with some of the largest players in commodities eco- system, namely, Bombay Bullion Association, Bombay Metal Exchange, Solvent Extractors Association of India, Pulses Importers Association, Shetkari Sanghatana, United Planters Association of India and India Pepper and Spice Trade Association.

MCX offers spectacular growth opportunities and advantages to both the industry and exchange members. Today, MCX features amongst the worlds top three bullion exchanges and top  four energy exchanges. the second calendar quarter of 2006, MCX holds more than 55% market share of the total trading volume of all the domestic commodity exchanges. The exchange has also affected large deliveries in domestic commodities, signifying the efficiency of price discovery.