Multi Commodity Exchange
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Multi Commodity Exchange | |
Type | Private |
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Founded | 2003 |
Headquarters | Mumbai, India |
Key people | Jignesh Shah, CEO |
Industry | Business Services |
Products | Options/Futures exchange |
Website | www.mcxindia.com |
Multi Commodity Exchange (MCX) is an independent commodity exchange based in India. It was established in 2003 and is based in Mumbai. It has an average daily turnover of around US$1.55 billion. MCX offers futures trading in Agricultural Commodities, Bullion, Ferrous & Non-ferrous metals, Pulses, Oils & Oilseeds, Energy, Plantations, Spices and other soft commodities.
MCX has also setup in joint venture the National Spot Exchange a purely agricultural commodity exchange and National Bulk Handling Corporation (NBHC) which provides bulk storage and handling of agricultural products.
MCX in association with Welingkar Institute of Management has setup a course called "Diploma in Commodities Market".