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    On an average, Rs 50,000 to Rs 57,000 crore worth of commodities are traded on MCX, which has a 83 per cent market share in the commodity market. Farm items remain around two per cent of the total product basket. Members in MCX are paying transaction fee of Rs 2. For daily turnover of up to Rs 250 crore, Rs 1. For a turnover between Rs 250-1,000 crore a nd Rs 1 for a daily business of more than Rs 1,000 crore.

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    On an average, Rs 50,000 to Rs 57,000 crore worth of commodities are traded on MCX, which has a 83 per cent market share in the commodity market. Farm items remain around two per cent of the total product basket. Members in MCX are paying transaction fee of Rs 2. For daily turnover of up to Rs 250 crore, Rs 1. For a turnover between Rs 250-1,000 crore a nd Rs 1 for a daily business of more than Rs 1,000 crore.

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    12 views1 page

    MCX

    Uploaded by

    ektanmims
    On an average, Rs 50,000 to Rs 57,000 crore worth of commodities are traded on MCX, which has a 83 per cent market share in the commodity market. Farm items remain around two per cent of the total product basket. Members in MCX are paying transaction fee of Rs 2. For daily turnover of up to Rs 250 crore, Rs 1. For a turnover between Rs 250-1,000 crore a nd Rs 1 for a daily business of more than Rs 1,000 crore.

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    Attribution Non-Commercial (BY-NC)
    Download as TXT, PDF, TXT or read online from Scribd
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    At the MCX platform, much of the trade volume comes from futures trading in bull ion, metals and

    crude items. The contribution of farm items remains around two p er cent of the total product basket. On an average, Rs 50,000 to Rs 57,000 crore worth of commodities are traded on MCX, which has a 83 per cent market share in the commodity market. The exchange charges an average transaction fee of Rs 1.8 for every turnover wor th Rs 1 lakh. Members in MCX are paying transaction fee of Rs 2.50 for daily tur nover of up to Rs 250 crore, Rs 1.25 for a turnover between Rs 250-1,000 crore a nd Rs 1 for a daily business of more than Rs 1,000 crore.

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