MCX is an independent and de-mutualized multi commodity exchange having permanent recognition from the Government of India for facilitating trading, clearing and settlement operations for commodities futures market across the country. Today, MCX features amongst the world's top three bullion exchanges and top four energy exchanges. MCX offers a wide spectrum of opportunities to a large cross section of participants including producers / processors, traders, corporate, regional trading centre, importers, exporters, co-operatives and industry associations amongst others.
Presently, the average daily turnover of MCX is around USD1.55 Billion, with a record peak turnover of USD 3.98 Billion on April 20, 2006. In the Year 2006, MCX market share in India was 59.2% of the total trading volume of all the domestic commodity exchanges therefore making it the largest commodity exchange of the country. Financial Technologies (I) Ltd., State Bank of India and it's associates, National Bank for Agriculture and Rural Development (NABARD), National Stock Exchange of India Ltd. (NSE), Fid Fund (Mauritius) Ltd. - an affiliate of Fidelity International, Corporation Bank, Union Bank of India, Canara Bank, Bank of India, Bank of Baroda, HDFC Bank and SBI Life Insurance Co. Ltd are the key shareholders of MCX.
For more information, please visit www.mcxindia.com