What is Mcx Commodities Markets?
Multi Commodity Exchange (Full Form of MCX) as the name suggests is an exchange like BSE and NSE where commodities are traded. It is a platform for commodity traders that facilitate online trading, settlement and clearing of commodity futures transactions, thereby providing a platform for risk management (hedging). It was established in November 2003 under the regulatory framework of FMC. In 2016, the FMC was merged with SEBI and MCX as an exchange falls under the regulatory purview of SEBI.</p align=”justify”>
Commodities traded include –
- Metal – Aluminium, Aluminium Mini, Copper, Copper Mini, Lead, Lead Mini, Nickel, Nickel Mini, Zinc, Zinc Mini, Brass (futures)
- Bullion – Gold, Gold Mini, Gold Guinea, Gold Petal, Gold Petal ( New Delhi), Gold Global, Silver, Silver Mini, Silver Micro, Silver 1000.
- Agro Commodities – Cardamom, Cotton, Crude Palm Oil, Kapas, Mentha Oil, Castorseed, RBD Palmolien, Black Pepper.
- Energy – Brent Crude Oil, Crude Oil, Crude Oil Mini, Natural Gas.
Multi Commodity Exchange of India provides live feeds for all traded commodities and these are published on various websites like MoneyControl.com
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