MCX

Multi Commodity Exchange of India Limited (MCX), is a state-of-the-art, commodity derivatives exchange that facilitates online trading, and clearing and settlement of commodity Futures and Options transactions, thereby providing a platform for risk management. The Exchange, which started operations in November 2003, offers trading in varied commodity derivatives contracts across segments including bullion, industrial metals, energy and agricultural commodities. The Exchange focuses on providing commodity value chain participants with neutral, secure and transparent trade mechanisms and formulates quality parameters and in conformity with the regulatory framework and the feedback constantly received from participants. The Exchange has an extensive national reach with its presence in 1200+ cities and towns across India as on 31st December, 2017, through 670 registered members and 51,000+ Authorised Persons. The Exchange is committed to nurturing communities that are vital for the development of its business. To achieve the goal of inclusive growth, MCX collaborates with diversified partners. With an aim to seamlessly integrate with the global commodities ecosystem, MCX has forged strategic alliances with leading international exchanges, tied-up with various trade bodies, corporates, educational institutions etc., across the country. These alliances enable the Exchange in improving trade practices, bringing in relevant products, increasing awareness, and facilitating overall improvement of the commodity market. The exchange often partners with these institutions to conduct awareness programmes across the country to spread education on the need and benefits of managing price risks by trading on commodity derivatives exchanges. MCX believes that education and awareness creation forms the backbone of sustainable expansion of its business. Towards this end, it has a dedicated Training, Certification, and Education Department which endeavors to create capacities amongst various stakeholder groups.