MCX to train Uttar Pradesh traders in futures

Multi Commodity Exchange of India Ltd (MCX) in association with the Forward Markets Commission (FMC) organised a seminar on 'Futures Trading in Commodities' in Lucknow, last week. This event was an awareness programme on futures trading initiated by the regulatory body along with MCX.

Talking to Business Standard, Dharmesh Pandya, vice-president, MCX, said: "There are about 40 MCX members in UP involved in creating awareness among people and stockholders and remove misconceptions regarding commodity future business. UP offers a good market for potato and mentha; hence we need to educate traders here about the future markets and its benefits."