MCX Current Affairs - 2019

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Cotton Mission: Maharashtra Government signs MoU with MCX to empower cotton farmers

Maharashtra Government has singed MoU with India’s largest commodities exchange platform, Multi Commodity Exchange of India Limited (MCX) to launched Cotton Mission to empower cotton farmers in the state. The mission aims to create value chain with final market linkages for thousands of cotton farmers in Vidarbha region of the state. Cotton Mission Under this Read More…

Month:  Categories: States

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MCX launches India’s first copper options contracts

India’s largest commodities exchange platform, Multi Commodity Exchange of India Limited (MCX) launched country’s first copper options contracts. The option contract will provide physical market participants additional instrument to hedge their price risk. The copper option contracts were launched with lot size of 1 tonne in three contracts expiring in June, August and November 2018. Read More…

Month:  Categories: Business, Economy & Banking

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MCX launches India’s first commodity options in Gold

Largest commodity bourse Multi-Commodity Exchange of India Ltd (MCX) launched India’s first commodity options in gold. It was launched by Union Finance Minister Arun Jaitley. The gold futures contract will have bi-monthly duration. The option will also have the existing gold kilo futures contract as its underlier. Options Options are an instrument that gives buyer Read More…

Month:  Categories: Business, Economy & Banking

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MCX gets SEBI approval to launch India’s first gold options contract

Commodity derivatives bourse Multi Commodity Exchange Ltd (MCX) has received markets regulator Securities and Exchange Board of India’s (SEBI) approval to launch India’s first gold options contract. The gold futures contract will have bi-monthly duration. The option will also have the existing gold kilo futures contract as its underlier. Key Facts The launch of gold Read More…

Month:  Categories: Business, Economy & Banking

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Mrugank Paranjape appointed as MD & CEO of MCX

Mrugank Paranjape has been appointed as managing director (MD) and chief executive officer (CEO) of Multi Commodity Exchange (MCX), country’s largest commodity exchange. This appointment is subjected to approval of Securities and Exchange Board of India (SEBI) and will be valid for three years. Prior to this appointment he was working with Deutsche Bank as Read More…

Month:  Categories: Persons in News

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