Cotton Mission: Maharashtra Government signs MoU with MCX to empower cotton farmers

Maharashtra Government has singed MoU with India’s largest commodities exchange platform, Multi Commodity Exchange of India Limited (MCX) to launched Cotton Mission to empower cotton farmers in the state. The mission aims to create value chain with final market linkages for thousands of cotton farmers in Vidarbha region of the state. Cotton Mission Under this ..

Month: Current Affairs - June, 2018

Topics: agricultural markets • Agriculture • Cotton Farmers • Maharashtra • MCX • States • Vidarbha

MCX launches India’s first copper options contracts

India’s largest commodities exchange platform, Multi Commodity Exchange of India Limited (MCX) launched country’s first copper options contracts. The option contract will provide physical market participants additional instrument to hedge their price risk. The copper option contracts were launched with lot size of 1 tonne in three contracts expiring in June, August and November 2018. ..

Month: Current Affairs - May, 2018

Topics: Business • Copper Industry • Copper Options Contracts • Economy • MCX

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

SEBI allows Multi Commodity Exchange of India (MCX) to launch gold options

The Securities and Exchange Board of India (SEBI) , the capital and commodity market regulator, has recently allowed Multi Commodity Exchange of India Ltd (MCX) to launch India’s first gold options contract soon. It will allow investors and hedgers to minimise their price risk at a fraction of cost compared to currently available futures trading. ..

Topics: Brokerage firms • Commodity Market • Economy • Finance • Financial markets • Futures contract • Futures markets • MCX • Metropolitan Stock Exchange • Multi Commodity Exchange • RKSV • Securities and Exchange Board of India