MCX launches futures trade contracts in 10 items
Leading commodity bourse MCX today launched futures trading contracts in 10 commodities that would expiry in May and June.
By PTI | Updated:
NEW DELHI: Leading commodity bourse MCX today launched futures trading contracts in 10 commodities that would expiry in May and June.
The exchange has made available futures trading contracts in gold guinea, aluminium, lead, tin, zinc, nickel, menthol, melted menthol flakes and kapasia khalli with effect from today, MCX said in a separate circular.
The contracts of the above mentioned nine commodities will mature in May and June, while the almond contract will expire in September, it added.
The contract specification of these commodities would remain unchanged, the circular said.
Presently, MCX has the largest market share of 83 per cent in the commodity futures market. The exchange made a business of Rs 86.97 lakh crore in 2010 and expects to touch Rs 100 lakh crore in the current calendar year.
The exchange has made available futures trading contracts in gold guinea, aluminium, lead, tin, zinc, nickel, menthol, melted menthol flakes and kapasia khalli with effect from today, MCX said in a separate circular.
The contracts of the above mentioned nine commodities will mature in May and June, while the almond contract will expire in September, it added.
The contract specification of these commodities would remain unchanged, the circular said.
Presently, MCX has the largest market share of 83 per cent in the commodity futures market. The exchange made a business of Rs 86.97 lakh crore in 2010 and expects to touch Rs 100 lakh crore in the current calendar year.
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