Commodity Exchange

The exchange plans to invest an estimated Rs 400-600 crore in this expansion, according to the announcement.

Sebi withdraws recognition to Indian Commodity Exchange, paves way for ICEX to exit as an exchange

In 2022, Sebi had withdrawn the recognition granted to ICEX over 'non-compliance with minimum net-worth requirement'. ICEX has already been informed to change its name and not use 'exchange' or any other variant if it intends to continue as a corporate entity.

Lessons to learn from MCX's 'Sikkim Traders' 

Unless we bring down the cost of trading, traders would use loopholes to exploit the situation 

SEBI's idea of One commodity, One exchange can put India on the world commodity map

SEBI’s proposed measures will help bring about comprehensive development and deepening of the Indian commodity derivatives markets and, eventually, help the country be in a position to influence the global benchmark pricing of such commodities 

A stronger commodity exchange is the answer to India’s loan waiver crisis

A news report says that volumes in commodity exchanges have fallen to their lowest levels since 2010. They are presently at one-third their peak levels touched in 2013. There are many reasons for the sharp drop in business volume.

NCDEX offers early payin facility to FPOs

NCDEX offers early pay-in facility to FPOs, reduces cost of hedging Deposits allowed anytime after taking sell position

MCX appoints Sanjay Wadhwa as CFO

Leading commodity exchange MCX today announced the appointment of Sanjay Wadhwa as the Chief Financial Officer (CFO) for a three-year term.

MCX Q3 net profit zooms 94% to Rs 34 cr

Leading commodity exchange MCX today reported 94 percent increase in net profit at Rs 33.93 crore for the quarter ended December.

NCDEX announces commencement of trading in Castor seed futures

The Exchange has received approval from SEBI for re-launching of the contract after its suspension in January 2016.

Blackstone sells 4.75% stake in MCX for Rs 302-cr

Private-equity giant Blackstone Group today offloaded 4.75 per cent stake in Multi Commodity Exchange of India (MCX) for an estimated Rs 302 crore through an open market transaction.

MCX Q1 net profit up 55% at Rs 33 cr

Income from operations increased to Rs 62.98 crore in the first quarter of 2016-17 from Rs 56.21 crore in the year-ago period.

Sebi allows defunct commodity exchanges to exit from bourse biz

The Securities and Exchange Board of India (Sebi), in a circular, also said national commodity bourses will have to continuously meet the turnover criteria of Rs 1,000 crore per annum

MCX Q2 net up 6% at Rs 31.03 crore

Total income from operations rose to Rs 61.24 crore in the June-September quarter from Rs 54.82 crore in the year-ago period, as per MCX's BSE filing.

Gold futures down 0.49% on weak global cues

At the Multi Commodity Exchange, gold prices for delivery in far-month December shed Rs 130, or 0.49 percent, to Rs 26,360 per 10 gm in business turnover of 405 lots.

NCDEX Castor seed fut volume increases by 95% in 1 month

NCDEX Castor seed futures Volume increased by 95 percent in one month: Palm Oil futures witnessed 22724 MT volumes in a fortnight.

NCDEX re-launches steel long futures

NCDEX, the leading commodity exchange has re-launched its Steel Long Contract based on the BIS 2830 grade, as is mandated by the Government of India.

Lotus Refineries files Rs 2,773 cr suit in HC against NSEL

Lotus Refineries, in its prayer to the court, has also requested that the defendant NSEL be restrained by a permanent order of injunction from disposing of its assets or dealing with the same in any manner whatsoever.

FMC tells NSEL to sell defaulter‘s assets to clear dues

Regulator Forward Markets Commission (FMC) today instructed National Spot Exchange Ltd to take control of stocks and assets of the defaulting members and liquidate them to meet payment obligations

NSEL crisis: MCA to look into possible Companies Act breach

As crisis at National Spot Exchange continues to deepen, the Corporate Affairs Ministry has also begun looking into the matter to ascertain whether there have been any violations of the Companies Act.

FMC tightens commodity exchange screws

The crisis at the National Spot Exchange have brought things to a head, and the Forward Market Commission, which regulates commodity exchanges, is taking a hard line when it comes to compliance with its directives.

NSEL suspends trading in e-series till further notice

The National Spot Exchange Limited (NSEL) has suspended trading of contracts in e-series w.e.f August 6th, 2013, till further notice.

NSEL proposes settlement; says members will pay Rs 2181cr

Thirteen members would pay 5 percent of their outstanding obligations, a total of Rs 31.07 billion, weekly, and eight members, with contacts amounting to Rs 21.8 billion, would settle outright.

India rejects MCX's foreign investment plan: government

India rejected the foreign direct investment (FDI) proposal of commodity exchange MCX. The Foreign Investment Promotion Board's (FIPB) meeting on June 14 took this decision.

NCDEX expects 20% jump in futures trade in FY13

Country's second largest commodity exchange NCDEX expects its turnover to increase by 20% to Rs 22 lakh crore this fiscal on the back of recently launched contracts in products such as barley and sugar.

Subscribe to MCX IPO; see huge growth potential: Experts

According to experts, investors should subscribe to the MCX IPO because of the growth potential of the company and the valuations it has.