Multi Commodity Exchange of India (MCX) has revised transaction fees on futures and contracts effective from October 1, 2024.
For futures contracts, the transaction fee will be Rs 2.10 per lakh of turnover value while for options contract, it will be Rs 41.80 per lakh of premium turnover value, MCX said in a circular issued on Tuesday.
MCX offers trading in commodity derivative contracts across varied segments including bullion, industrial metals, energy and agricultural commodities, as also on indices constituted from these contracts. It is India’s first exchange to introduce commodity options, and futures contracts on bullion, base metals and energy indices.
The Exchange has an extensive national reach, with 544 registered members and 35,537 Authorised Persons with its presence in around 669 cities and towns across India as on 30th June 2024. MCX is India’s leading commodity derivatives exchange with a market share of about 97.84% in terms of the value of commodity futures contracts traded in the financial year 2024-25 (April 2024 – June 2024).
MCX shares today ended with minor declines on the NSE at Rs 5,874, falling by 0.55 or 0.01% over Monday closing price. The stock also hit its 52 week high of Rs 6,014.40 today though broke its four-session winning streak.
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