Page 3 - Multi Commodity Exchange

Tata Coffee, MCX, Bajaj Electricals: 5 stocks that can jump up to 25%

Stocks like Bajaj Electricals and NALCO can even surge up to 20 per cent each; while MCX, JK Lakshmi Cement and Tata Coffee are also looking good

Multi Commodity Exchange plans to launch spot exchange in base metals

MCX said it is planning to launch spot exchange in base metals which will help develop and discipline the fragmented physical market and complement bourse's delivery-based futures market

MCX to launch India's first bullion index, Bulldex, on August 24

The bourse recently launched options on goods in 100-gm goldmini contract

MCX seeks approval from Sebi to re-launch potato futures contracts

Multi Commodity Exchange (MCX) has said it is seeking approval from market regulator Securities and Exchange Board of India to re-launch potato futures contracts. "There is a need (of hedging) in sensitive commodities like pulses and sugar etc... We may soon be launching potato contracts," said Rishi Nathani, head of business development at MCX, while commenting on industry demand for robust farm futures trade in a webinar on agricultural reforms. The exchange has applied to the Securities and Exchange Board of India (Sebi) for permission to re-launch the potato contracts, he stated. MCX had a successful potato futures contract, few years ago, but it lost liquidity over a period of time due to which Forward Markets Commission, then regulator of the commodity derivatives market, asked MCX to stop trade in the contract in September 2014. In the webinar on agricultural reforms, organised jointly by MCX and Indian Merchants' Chamber (IMC), food business major ITC stressed on necessity

Exchanges report 38% decline in daily average commodity volumes in May

Lockdown, negative price fiasco at MCX among slew factors cited as reasons for decline

Bombay HC gives four week to MCX, Sebi to reply on negative crude price

Court refuses to stay MCX's April 21 circular, which fixed a negative settlement price on the Aprol crude oil contract

Crude oil, copper post sharp fall on MCX due to global uncertainty

Lead, nickel and zinc lose 3.5% each on expectations of uncertain demand; slight dip in bullion

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.

Commodity prices extend declines amid market volatility led by silver

Base and precious metals fell on Multi Commodity Exchange (MCX) futures. The fall in metals was a little sharper on the London Metal Exchange (LME)

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

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 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

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

October futures gold prices cross Rs 36,000 after Trump's tariff on China

Gold imported unofficially has been selling in Mumbai around Rs 34700 per 10 gram.

MCX surges 8% after reporting six-fold jump in Q1 net profit

The company reported consolidated net profit of Rs 44 crore for June quarter (Q1FY20), on higher trading volume and other income. It had reported profit of Rs 7 crore in the year-ago quarter.

P S Reddy takes charge as MD and CEO of Multi Commodity Exchange

Prior to joining MCX, Reddy was MD & CEO at Central Depository Services