Page 19 - Mcx

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

MCX the first bourse to offer one gram gold futures with delivery option

With this, retail investors can now buy coins in the futures market and store it in a vault of his choice before taking delivery

MCX rallies 9% to hit 2-year high on strong September quarter results

The company's consolidated net profit doubled to Rs 72 crore in September quarter (Q2FY20), on the back of higher turnover.

MCX reports 2-fold jump in Q2 profit at Rs 72 crore for September quarter

Its net profit stood at Rs 35.93 crore in the year-ago period, the company said in a regulatory filing.

MCX says cotton contract delivery from October to August up by 119%

The delivery was 1,82,300 bales during the previous cotton season, MCX said in a release here

MCX jumps 10% to trade near two-year high, rallies 52% in 7 months

The stock has risen sharply from its 52-week low of Rs 644, touched on February 19, 2019, and has outperformed the frontline index by surging 52 per cent in the past seven months.

NCDEX's agri index launch by Diwali, chooses NSE IT to manage product

The index will have 10 Sebi-approved agri commodities. Once open for trading, the NCDEX index for agri and MCX index for non-agri commodities will theoretically complete a basket

Silver catching up with gold rally, price spike sharply in global market

After consolidating for a few days, gold and silver prices spiked yesterday on fears that inverse short- and long-term bond yields in the United States will lead to recession

Gold gains all-time high of Rs 38,470 on rising demand, firm global trends

Globally, gold and silver were trading a shade higher at $1,517.30 and $16.96 an ounce

Multi Commodity Exchange wants partial hedging for metals on local bourses

Currently, these large companies (such as Hindalco) hedge all their risks in metal prices on bourses abroad

MCX taking measures to save metal segment as volumes fall sharply

Wants regulator to ask metals companies to hedge part of risk on local exchanges

PS Reddy replaces Paranjape as the new MD & CEO of MCX after Sebi nod

Reddy's appointment was approved by SEBI. He takes over from Mrugank Paranjape who decided not to continue for the second term.

Regulatory tailwinds may reverse MCX's poor show, spur price discovery

Stock yet to reward investors; volatility in sales, profit numbers have been pain points

MCX net profit jumps twofold to Rs 42 crore in December quarter

Net income increased to Rs 109.10 crore on a consolidated basis during the December quarter of 2018-19 from Rs 76.52 crore in the year-ago period