 "mcx, market")
Multi Commodity Exchange (MCX), the country’s largest in commodities, has fallen in global ranking despite growth in the number of contracts traded. Russia’s Moscow Exchange has surpassed Eurex, which used to be the largest in Europe so far.
In the sector ranking for 2016 given by the Futures Industry Association, two weeks earlier, MCX was ranked seventh in the world, down from sixth a year before. National Commodity & Derivatives Exchange (NCDEX) was ranked 10th, down from ninth. NCDEX was hit with the suspension ordered in contracts for castor and chana (chickpeas) during 2016.
On MCX, the number of contracts traded had
