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 ..

Month: Current Affairs - October, 2017

Topics: Business • Economy • Futures Market • Gold Options Contract • MCX • Multi-Commodity Exchange of India Ltd • National

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 ..

Month: Current Affairs - August, 2017

Topics: Business • Economy • Gold Options Contract • MCX • SEBI • trading