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MCX receives SEBI approval to launch new Commodity Derivatives Platform
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₹1,914.60 during the day on the BSE. Later, it recovered some of the early lost ground and ended at ₹2,049.30, 2.43 per cent lower.
At NSE, it ended at ₹2,049.70, down 2.23 per cent after falling 8.74 per cent to ₹1,913.25 during the day. MCX is India's first listed exchange that deals with commodity derivatives and provide a platform for price discovery and risk management.
It started its operation in November, 2003 and works under the regulatory framework of Securities and Exchange Board of India (SEBI). It provides option of trading in a range of segments including bullion, industrial metals, energy and agricultural commodities, as also on indices constituted from these contracts."Exciting news! Mint is now on WhatsApp Channels
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