Page 3 - Multi Commodity Exchange

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

MCX claims technical glitch that resulted in multiple outages resolved

SEBI asked the exchange to find out what went wrong after trading halted four times in two months

MCX Q4 net grows 56% to Rs 341 mn on commodity segment push; income up 11%

The average daily turnover in commodity futures increased by 22.57% to Rs 238.24 billion

Multi Commodity Exchange Q3 net declines 45% to Rs 187 mn on lower volumes

MCX launched gold options and the average daily turnover in commodity options stood at Rs 1.4 billion

MCX seeks Sebi nod for schemes to boost gold options volume

Sebi has specified guidelines for certain volumes in existing gold options contracts before allowing contracts of smaller denominations