All Entries in the "Multi Commodity Exchange (MCX)" Category
MCX IPO Today in India
India’s largest commodity bourse MCX will hit the capital markets February 22 with an estimated Rs 663 crore (6.63 Billion) initial public offer (IPO), pursuant to with it would become the country’s first ever exchange to get listed. The bidding for shares in the IPO — the first in the year 2012 — will open [...]
MCX Commences Futures Trading in Cotton
Multi Commodity Exchange of India Ltd (MCX) commenced futures trading October 3 in cotton after the cotton futures contract was launched by Mr. Ramesh Abhishek, Chairman, Forward Markets Commission (FMC). Currently, cotton October 2011, December 2011 and January 2012 contracts have been offered for trading. The trading unit of the cotton futures contract is 25 [...]
MCX launches Gold Petal Futures Trading in One Gram Gold Contract
Multi Commodity Exchange of India Ltd (MCX) launched a one gram gold contract April 18 called Gold Petal futures contract. Currently, Gold Petal May and June 2011 contracts have been offered for trading. The trading unit of the gold contract is one gram and price quote for the contract is ex-Mumbai (inclusive of all taxes [...]
Multi Commodity Exchange of India Limited files DRHP with SEBI
Multi Commodity Exchange of India Limited (the “Company”), has filed its Draft Red Herring Prospectus (DRHP) with SEBI in connection with an Initial Public Offering (Offer) of 6,427,378 Equity Shares of Rs. 10 each through an offer for sale by Financial Technologies (India) Limited, State Bank of India, GLG Financials Fund, Alexandra Mauritius Limited, Corporation [...]
MCX signs MoU with OreTeam for Developing Iron Ore Futures Market in India
Multi Commodity Exchange of India (MCX) has signed a MoU with OreTeam, a leading information and price provider for the Indian iron ore industry. This cooperation will enable us in growing and developing the iron ore derivatives market in India, and bestowing the advantages of an efficient derivatives market to the entire spectrum of Indian [...]
MCX launches Iron Ore Futures Contract
MCX, India’s metal and energy exchange, will commence trading in iron ore futures contract from Saturday, January 29, 2011. MCX’s iron ore contract is designed to be the true benchmark of Indian iron ore fines export market. Multi Commodity Exchange of India (MCX) today received permission from the commodity markets regulator – Forward Markets Commission [...]
MCX Partners with Taiwan Futures Exchange
MCX and the Taiwan Futures Exchange (TAIFEX) have signed a Memorandum of Understanding (MoU) with an aim to develop commodity derivatives markets in India and Taiwan by sharing information and best practices pertaining to product development, business and marketing initiatives, technology, and areas of mutual interest. The MoU is another step towards MCX’s endeavours to [...]
MCX-SX Seeks Government Intervention
The finance ministry has written to the capital market regulator, inviting comments on a letter from MCX Stock Exchange Ltd (MCX-SX) seeking government intervention in acquiring regulatory approval for trading in stocks, equity derivatives and other new products. The Securities and Exchange Board of India (Sebi) rejected the MCX-SX application on 23 September as it [...]
MCX Launches Futures Trading in Lead Mini
Enthused by the success of zinc mini futures launched last week, Multi Commodity Exchange of India Ltd (MCX) today launched MCX lead mini futures contract. Initially June and July contracts of lead mini will be available for trading and in due course of time more contracts will be introduced. While the contract specification of lead [...]
MCX Launches Futures Trading in Zinc Mini
Multi Commodity Exchange of India Ltd (MCX) launched May 24 MCX zinc mini futures contract. Initially June and July contracts of zinc mini will be available for trading and in due course of time more contracts will be introduced. While the contract specification of zinc mini is exactly the same as that of the existing [...]
