MCX

Multi Commodity Exchange of India Limited (MCX) is India's top commodity derivatives exchange, operating under the regulation of the Securities and Exchange Board of India (SEBI). Its vision is to shape a single Indian commodity market guided by market dynamics, using technology to achieve outstanding efficiency and correct historical imbalances in the system. The exchange is a key enabler in the commodity ecosystem, known for providing the twin benefits of Price Discovery and Risk Management in commodities. MCX provides an online platform for trading derivative contracts in diverse segments such as bullion, energy, base metals, and agricultural products. To integrate with the global ecosystem, the company forms strategic alliances with leading international exchanges like CME Group and London Metal Exchange (LME). The Exchange improved its global standing to become the world's 3rd largest by the number of Commodity Options contracts traded in 2023, up from 5th position previously.;