Index options in commodities will be a game-changer for MCX

  • Date: 08-Oct-2021
  • Source: Money Control
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Index options in commodities will be a game-changer for MCX







Index options have the potential of being the main product for the exchange as is the case with NSE, where index options account for over 90 percent of the total exchange volumes.











October 08, 2021 / 10:29 AM IST





Mixed economic data also points to uneven recovery.













Multi Commodity Exchange of India (MCX) shares touched an all-time high of Rs 1888 on Wednesday, up 8 percent from the previous close. Investors welcomed the news of the exchange seeking permission from the Securities and Exchange Board of India (SEBI) to launch index options. MCX, with a 92 percent market share in commodity trading, is a proxy play for commodities in the country.

Despite the strong rally in commodities, especially in metals and oil, MCX’s share price did not...

















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