Multi Commodity Exchange

Rank#2240

Market Cap8.80B

CountryIndia

Summary

Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. It offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, base metals, energy, and agricultural commodities. The company also provides trade clearing and settlement services; and data feed services. It has strategic alliances with various exchanges, such as CME group, Dalian Commodity Exchange, London Metal Exchange, Mozambique Commodities Exchange, Taiwan Futures Exchange, and Zhengzhou Commodity Exchange. The company was incorporated in 2002 and is based in Mumbai, India.

History

The Multi Commodity Exchange (MCX) was set up in 2003 with headquarters in Mumbai. It is regulated by the Forward Markets Commission (FMC) and is a registered Legal Entity Identifier (LEI) with the Global LEI System. MCX is a publicly traded company with its shares listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Mission

MCX’s mission is to become the leading Indian commodities exchange in terms of financial performance, customer and shareholder satisfaction, product innovation and providing the best trading and risk management services to its customers.

Vision

MCX's vision is to be the most respected and competitive marketplace of choice, offering transparent, efficient and secure business opportunities to commodity participants and stakeholders, offering a wide range of products across asset classes.

References

https://en.wikipedia.org/wiki/Multi_Commodity_Exchange

https://in.investing.com/equities/multi-commodity-exchange-of-india

https://finance.yahoo.com/quote/MCX.NS/profile?p=MCX.NS

https://www.crunchbase.com/organization/mcx

https://companiesmarketcap.com/

https://www.mcxindia.com

Leadership team

Mr. Subbi Reddy Venkatrama Padala (MD, CEO & Additional Director)

Mr. Satyajeet Bolar (Chief Financial Officer)

Mr. Manoj Jain (Chief Operating Officer)

Products / Services