Commodity trading was, however, restarted in India recently. Today,India has five national commodity exchanges
1. Multi Commodity Exchange (MCX),
2.National Commodity and Derivatives Exchange (NCDEX),
3.National Multi-Commodity Exchange (NMCE)
4.Indian Commodity Exchange (ICEX).
5.ACE Derivatives and Commodity Exchange
The regulatory body is Forward Markets Commission (FMC) under the Ministry the Ministry of Consumer Affairs, Food and Public Distribution, Govt. of India.FMC,a statutory body which was set up in 1953 under Forward Contracts (Regulation) Act 1952.
Multi Commodity Exchange (MCX)Multi Commodity Exchange of India Ltd (MCX) is an independent commodity exchange based in India. It was established in 2003 and is based in Mumbai.
- MCX is the largest and only listed commodity exchange in India
- MCX 's Market leader in Indian commodity futures market with 82% and 86% market share in terms of value of commodities traded in the futures market for FY2011 and FY2012 respectively .
- MCX was the third largest commodity futures exchange in the world, in terms of the number of contracts traded in CY2011.
- MCX is the ISO 9001:2000 Certified &1st ISO/IEC 27001:2005 Certified Indian Commodity Exchange.
- MCX a Demutualized & fully electronic commodity futures exchange with scalable technology framework with Disaster Recovery site (DRS) for end to end functioning of systems and network
- MCX Offers trading in 47 commodity futures including diverse segments like bullion, ferrous and non-ferrous metals, energy,weather and agriculture, as at March 31, 2012.
- The highest traded Commodity in FY2012 is Silver
- Among the leading commodity exchanges globally (in terms of contracts traded)
-- >No.2 in Natural Gas futures trading globally
-- >No.3 in Crude Oil futures trading globally
MCX Trading Holidays Of 2013
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