About Multi Commodity Exchange of India Ltd.
Multi Commodity Exchange of India (MCX) is a commodity exchange based in India. It was established in 2003 by the Government of India and is currently based in Mumbai. It is India's largest commodity derivatives exchange. The average daily turnover of commodity futures contracts increased by 26% to [?]32,424 crore during FY2019-20, as against [?]25,648 crore in FY2018-19. The total turnover of commodity futures traded on the Exchange stood at [?]83.98 lakh crore in FY2019-20. MCX offers options trading in gold and futures trading in non-ferrous metals, bullions, oil, natural gas, and agricultural commodities (e.g., mentha oil, cardamom, palm oil, and cotton).
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