Question
Multi Commodity Exchange of India Ltd (MCX) deals with
which of the following:Solution
The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management. The Exchange, which started operations in November 2003, operates under the regulatory framework of Securities and Exchange Board of India (SEBI).It is India’s first Exchange to offer commodity options contracts, bullion index futures and base metals index futures contracts.Â
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