Page 18 - Mcx

Tepid response to gold options launch on NSE, turnover a mere Rs 12 lakh

A senior NSE official says exchange has approached Sebi to allow liquidity enhancement scheme, or market making, to attract volumes

Negative price trading on MCX: Brokers approach Sebi with alternatives

MCX move follows after it settled April crude oil futures at minus Rs 2884 price even as their software was not permitting negative price trade following close of Nymex crude

MCX enables exchange software to trade negative price or below Re 1

After all trading softwares are approved, mock trading will be done and then trading can happen in negative price

MCX offers chance to exit trading if crude oil price slips into negative

Asking members and clients to be extra cautious while dealing in crude oil, the exchange has said trading will be halted if the trading price falls to Re 1

Crude oil up on demand prospects: steep rise in margins on MCX

Margin now fixed at 100%, with Rs 95,000 per lot as absolute minimum. So if crude falls below Rs 950, the margin will continue to be based on the price of Rs 950

Street signs: Nifty set for consolidation, 'biz as usual' stocks, and more

The benchmark indices ended marginally lower last week after sharp gains in the preceding two weeks

MCX asks software vendor to enable negative price trading after broker ire

Exchange says cannot ascertain the date by which this would be achieved at this point in time

Why brokers are up in arms against MCX over the April crude oil contract

They say the exchange muscled its way in to force negative pricing on the contract without tweaking its software to protect traders, the way Nymex has done

Brokers plan to sue MCX over negative price settlement of April crude

MCX said that it had settled the contract according to the formula in the contract, which has been followed for the last 15 years

MCX creates history of sorts, settles April crude oil contract in negative

Chances of huge defaults by investors, many of whom are retail traders gone long; On Nymex, there were actual trades in minus in which sellers were actually paying buyers to lift stocks

Commodity derivatives trading beyond 5 p.m. discontinued during lockdown

All the five exchanges, including the MCX, NCDEX, and the ICEX, have capped trading timings to 5 pm. The MCX reports maximum trading in the evening session

MCX permits members to use terminals from home till April 30

The decision has been taken as a preventive measure in view of government stopping modes of transport even within the city.

Silver rebounds in spot market, quote at 3-4% premium on scarcity

Even silver micro futures with a lot size of 1 kg on the MCX, is quoting at a premium, indicating that market doesn't have enough floating stock of the white metal

Sebi proposes one commodity, one exchange model to make India price-setter

The regulator said exchange can be master in one instead of jack of all

Crude oil shock: MCX raises margin to 60% to prevent client defaults

Exchange says it covered price volatility risk adequately with no default occurring during the price decline; brokers, however, says some margin calls were triggered

Margin calls triggered in crude oil led to across-the-board selling

The margin on crude oil, which was set at 16.3 per cent on friday, kept on rising today with MCX imposing margins of up to 60%

Consumers stay away from fresh buying despite 0.5% correction in gold price

Investors book profits amid fears that a large sell-off in equities will have a spillover effect on a safe-haven asset like bullion

Rebranding MCX on cards; plans afoot to introduce commodities: MD

"We had vibrant potato futures earlier and we are working on its reintroduction," says MD and CEO P S Reddy

MCX does away with large-lot metal contract following Sebi directive

All contracts to be in lot size of one tonne starting January 2020; Exchange also awaits regulator's nod to launch index-based derivatives

MCX launches commodity indices; trading expected in a month or two

MCX has also introduced sector and commodity-specific indices, which may be allowed for trading as and when permitted by the regulator