Futures Trading Current Affairs, GK & News

MCX launches world’s first brass futures contracts

India’s largest commodities exchange platform, Multi Commodity Exchange of India Limited (MCX) launched world’s first brass futures contracts. It will facilitate brass stakeholders to hedge their price risk. MCX Brass futures will be the first non-ferrous contract with compulsory delivery option. Its price will be quoted as per rate at ex-warehouse Jamnagar (delivery centre) inclusive ..