What is the Multi Commodity Exchange (MCX)?

What is the Multi Commodity Exchange (MCX)?

The Multi Commodities Exchange of India (MCXI) is a government-owned commodity exchange in India.

It is under the control of the Indian government’s Ministry of Finance.

The NSE and BSE are stock exchanges for trading stocks, whereas the MCX is a commodities derivatives market.

Metals such as aluminium, copper, and zinc are among the commodities traded on the exchange market.

As well as bullions like gold, silver, agro commodities, and energy.

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