Tag Archives: MCX

NCDEX, MCX Compete Over Gold Bond Scheme

India’s two leading commodity exchanges are pitted against one another to be part of the government’s sovereign gold bond scheme, the final guidelines for which are still awaited. The government’s draft guidelines released last month say that the gold bonds … Continue reading

Posted in Commodities, Exchange Prices, Gold, India, MCX, National Commodity and Derivative Exchange, NCDEX, Precious Metals, Trading | Tagged , , , , , , | Leave a comment

NCDEX Lowers Transaction Fee

In an effort to boost trade volumes in non-agricultural commodities, the NCDEX has lowered transaction fee’s for members.  The NCDEX said that the new fee’s will take effect May 6, 2011, members would have to pay a transaction charge of … Continue reading

Posted in Agricultural Products, Commodities, Exchange Prices, MCX, National Commodity and Derivative Exchange, NCDEX, Trading | Tagged , , , , , , , | Leave a comment

India copper and gold futures seen higher

Reuters reported that India’s copper futures are likely to extend last week’s gains due to a rise in the overseas markets and as the Indian rupee was trading weak. Copper prices firmed slightly in both London and Shanghai markets while … Continue reading

Posted in Futures, India | Tagged , , | 1 Comment

India bans Electricity Futures

India has scrapped the futures trading in the electricity derivatives on account of dismal performance from the traders for the contract, which was traded on the only exchange, Multi-Commodity Exchange (MCX). Read More

Posted in Energy Trading, MCX | Tagged , , , | Leave a comment