Orders | Qty | Bid |
---|---|---|
3 | 6 | 7963.5 |
1 | 34 | 7962.5 |
2 | 5 | 7961 |
1 | 1 | 7960.5 |
4 | 16 | 7960 |
Ask | Qty | Orders |
---|---|---|
7964.5 | 3 | 67 |
7965 | 2 | 23 |
7965.5 | 7 | 53 |
7966 | 9 | 66 |
7966.5 | 5 | 51 |
Multi Commodity Exchange of India Limited (MCX) is India’s premier commodity derivatives Exchange, operating under the Securities Contracts (Regulation) Act, 1956 as a demutualised Exchange with permanent recognition to facilitate nationwide online trading, clearing and settlement of commodity derivatives. Incorporated in 2002, it commenced operations on November 10, 2003, and today provides a neutral, secure and transparent platform to participants across the commodity value chain. The clearing and settlement division was transferred to its wholly-owned clearing corporation with effect from 01st September, 2018. MCX is headquartered at Exchange Square, Suren Road, Chakala, Andheri (East), Mumbai.
What the company does: MCX offers trading in commodity futures and options, including on bullion, base metals and energy indices, alongside sectoral index derivatives (iCOMDEX series). The Exchange enables nationwide electronic access for price discovery and risk management.
Products and services: During the latest period, MCX highlighted launches such as Electricity Futures and Cardamom Futures, and continued to expand the spectrum of commodities offered and index-based products.
Trading is available nationwide in India through MCX’s electronic platform; the Exchange is based in Mumbai.
Subsidiaries: MCX has 1 subsidiary.
– Agreement with LME; operations commenced on November 10, 2003.
– Product agreement with NYMEX (CME Group); membership of IOSCO.
– Became India’s first listed exchange.
– Launched first-ever Options on Gold futures in India.
– MCXCCL commenced operations from Sept 03, 2018.
– Go Live of the new Commodity Derivatives Platform on Oct 16, 2023.
– Praveena Rai – Managing Director & Chief Executive Officer.
– Dr. Harsh Kumar Bhanwala – Chairman & Public Interest Director.
– Chandresh Shah – Chief Financial Officer.
– Manisha Thakur – Company Secretary.
– MCX described FY 2024-25 as a landmark year, marked by the successful stabilisation of its upgraded technology platform. The Exchange reported a 63 Per cent surge in consolidated revenue from operations year-on-year and a 59 Per cent rise in total income (consolidated). Average Daily Turnover across futures and options rose 101 Per cent to Rs 2,19,063 crore, the highest ever for MCX, while the number of traded clients in futures and options increased 39 Per cent to 12.96 lakh.
– Options turnover more than doubled as institutional participation deepened; MCX also highlighted leadership consolidation in the commodity futures space.
– The Exchange launched Electricity Futures and Cardamom Futures during the year.
– Strategic developments in the 2020–2025 period included launching iCOMDEX sectoral index futures, empanelling domestic refiners for good delivery, joining other market infrastructure institutions to set up IIBX at GIFT City, an agreement with Indian Energy Exchange, and a consultancy agreement with CSE to establish Bangladesh’s first Commodity Exchange.
– Leadership change: Ms. Praveena Rai was appointed as MD & CEO with effect from 31st October, 2024.
MCX is a SEBI-regulated, demutualised commodity derivatives Exchange enabling nationwide electronic trading, clearing and settlement. It was incorporated in 2002 and commenced operations on November 10, 2003.
. Participants can trade futures and options on commodities including bullion, base metals and energy, as well as sectoral index derivatives. Recent additions include Electricity Futures and Cardamom Futures.
MCX has 1 subsidiary, and its registered office is at Exchange Square, Suren Road, Chakala, Andheri (East), Mumbai – 400093. Trading access is nationwide across India.