MCX

Multi Commodity Exchange of India Ltd. (MCX) was incorporated in 2003 and commenced operations in November of the same year. It functions as a national-level electronic commodity derivatives exchange in India, offering trading, clearing, and settlement services for commodity derivatives across various segments including bullion, industrial metals, energy, and agricultural commodities. MCX operates under the regulatory framework of the Securities and Exchange Board of India (SEBI) and holds a dominant market share of over 98.8% in the commodity futures segment as of the first half of fiscal year 2025-26. The company also has a subsidiary, Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), which handles its clearing operations. MCX is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) and is noted as the first listed national-level electronic commodity exchange in the country.