The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management. The Exchange, which started operations in November 2003, operates under the regulatory framework of Securities and Exchange Board of India (SEBI).
MCX offers trading in commodity derivative contracts across varied segments including bullion, industrial metals, energy and agricultural commodities. It is India’s first exchange to offer commodity options contracts. The Exchange has an extensive national reach, with 684 registered members and 54,324 Authorised Persons with its presence in around 1091 cities and towns across India as on 31 December, 2018. MCX is India’s leading commodity derivatives exchange with a market share of 91.2% per cent in terms of the value of commodity futures contracts traded in FY 2019 (till Dec).