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What is Multi Commodity Exchange (MCX)?

April 26, 2017commodity exchange mcx multi

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What is Multi Commodity Exchange (MCX)?

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Multi Commodity Exchange (MCX) is an independent commodity exchange with a permanent recognition from Government of India based in Mumbai, India. MCX offers futures trading in Agricultural Commodities, Bullion, Ferrous & Non-ferrous metals, Pulses, Oils & Oilseeds, Energy, Plantations, Spices and other soft commodities. MCX has also setup in joint venture the National Spot Exchange a purely agricultural commodity exchange and National Bulk Handling Corporation (NBHC) which provides bulk storage and handling of agricultural products.