MCX is an independent and de-mutulized
multi commodity exchange. It was inaugurated on November 10, 2003 by Mr.
Mukesh Ambani, Chairman and Managing Director, Reliance Industries Ltd., and
has permanent recognition from the Government of India for facilitating
online trading, clearing and settlement operations for commodity futures
markets across the country.
Headquartered in the financial capital of India, Mumbai, MCX is led by an
expert management team with deep domain knowledge of the commodity futures
markets. The integration of dedicated resources, robust technology and
scalable infrastructure, has helped MCX record many firsts since its
inception.
Being a nation-wide commodity exchange having a robust infrastructure,
offering multiple commodities for trading with wide reach and penetration,
MCX is well placed to tap the vast potential poised by the commodities
market. MCX offers a wide spectrum of opportunities to a large cross section
of participants including Producers/ Processors, Traders, Corporate,
Regional Trading Centers, Importers, Exporters, Co-operatives and Industry
Associations amongst others.
MCX's most important differentiator and strength is that it is an
independent and a de-mutualized exchange since inception. This is further
strengthened by participation from different constituents of the market,
such as banks, financial institutions, warehousing companies and other
stakeholders of the marketplace. Moreover, experienced professionals with
deep knowledge of the commodity markets as well as exchange management
experience manage MCX.
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