Background to MCX-SX
MCX-SX is a subsidiary of Multi Commodity Exchange of India Ltd (MCX), India's number one commodity exchange. Globally, MCX ranks among the world top 10 commodity futures exchange in 2007, as per FIA. It also ranks no.1 in silver, no.2 in natural gas, and no.3 in gold, crude oil and copper futures trading. Globally in addition to being accredited with ISO 9001:2000 for quality management. MCX has the distinction of achieving the ISO 27001:2005 certification, the global benchmark for information security systems.

It has operation from over 600 cities with over 1900 members & 52,000+ trading stations with connectivity through VSAT, Internet, Leased line, CTCL, etc. A total of over 50 globally benchmarked and domestic commodities are traded on MCX, with an average daily turnover of over Rs.18000 crores. MCX has recorded a market share of over 85% during Q1, FY’09.

In a short span of 5 years MCX has redefined the Indian commodity market and provided the Indian economy and the market participants with numerous benefits. MCX is among the fastest growing exchanges in the world and has strategic alliances with NYMEX, LME, TOCOM, NYSE, Euronext,CCX,SHFE,and others. As a 51% stakeholder in MCX-SX, MCX with add value to the business of MCX-SX by bringing in the actual users of commodities who will need the services of MCX-SX for hedging their currency exposures.
More Links
Introduction


Participants of Currency Futures Market


Basics of Currency Futures Trading


How to Trade on
MCX-SX?


Risk Management Strategies
Background to MCX-SX
Contract Specification of USD-INR Futures


 
 
 
 
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