Multi Commodity Exchange
 | |
| Public | |
| Traded as | BSE: 534091 |
| Industry | Commodity Exchange |
| Founded | 10 Nov. 2003 |
| Headquarters | Mumbai, India |
Key people | Mr. Satyananda Mishra, IAS (Retd.), Chairman; P. K. Singhal, Joint Managing Director |
| Products | Commodity futures |
| Revenue | Rs. 3326.40 million (April 2014 to March 2015) ( Source: Annual Report 2014-15) |
| Website | www.mcxindia.com |
Multi Commodity Exchange of India Ltd (MCX) (BSE: 534091) is an independent commodity exchange based in India. It was established in 2003 and is based in Mumbai. It is India's largest commodity futures exchange and the turnover of the exchange for the year 2015 was 55.52 trillion rupees (865.55 billion US dollars). MCX offers futures trading in bullion, non-ferrous metals, energy, and a number of agricultural commodities (mentha oil, cardamom, crude palm oil, cotton and others).
In 2015, MCX was sixth among the global commodity bourses in terms of the number of futures contracts traded, the latest yearly data from Futures Industry Association (FIA) showed.
In February 2012, MCX had come out with a public issue of 6,427,378 Equity Shares of Rs. 10 face value in price band of Rs. 860 to Rs. 1032 per equity share to raise around $134 million. It was the first ever IPO by an Indian exchange and made MCX India’s only publicly listed exchange.
From September 28, 2015, MCX is being regulated by the Securities and Exchange Board of India (SEBI). Earlier MCX was regulated by the Forward Markets Commission (FMC), which got merged with the SEBI on September 28, 2015.
- MCX is India's No. 1 commodity exchange with 84.3% market share in 2015
- The exchange's main competitor is National Commodity & Derivatives Exchange Ltd ()
- In 2015, the futures contracts on Gold, Silver, Copper, Crude Oil offered by MCX ranked among the top 20 global futures contracts in their respective segments (2015 FIA Annual Volume Survey).
- MCX has several strategic alliances with leading exchanges across the globe
- In 2015, the average daily turnover of MCX was 215.18 billion rupees (3.35 billion US dollars)
- MCX now reaches out to more than 1800 cities and towns in India through 6,07,331 trading terminals (including CTCL) (as on December 31, 2015)
- MCX COMDEX is India's first and only composite commodity futures price index
| METAL | BULLION |
|---|---|
| Aluminium, Aluminium Mini, Copper, Copper Mini, Lead, Lead Mini, Nickel, Nickel Mini, Zinc, Zinc Mini | Gold, Gold M, Gold Guinea, Gold Petal, Silver, Silver M, Silver Micro |
| AGRICULTURE | ENERGY |
| Cardamom, Cotton, Crude Palm Oil, Kapas, Mentha Oil | Brent Crude Oil, Crude Oil, Natural Gas |
Key shareholders
Kotak Mahindra Bank,Blackstone GPV Capital Partners Mauritius VI FII Ltd; Axis Mutual Funds; Jhunjhunwala Rakesh Radheshyam; IDFC Premier Equity Fund; Reliance Mutual Fund; The National Bank for Agriculture and Rural Development (NABARD); Small Cap World Fund, Inc; IFCI Ltd; L&T Mutual Fund; Goldman Sachs India Fund Limited; HDFC Bank Ltd.; Vanaja Sunder Iyer (as on December 31, 2015)
References
External links
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