INTRODUCTION

MISSION & VISSION

MILESTONES
TRADING AT MCX

TECHNOLOGY
DO AND DONTS FOR CLIENTS

PRODUCTS
OVERVIEW

SOURCES

National Level Online Multi Commodity Futures Exchange

Key Promoters
Financial Technologies (India) Ltd, Union Bank Corporation Bank, State Bank of Indore Bank of India, Bank of Baroda Canara Bank, State Bank of India,

Operations from 300 cities with over 775 members & 3000 TWS First Indian Exchange to enter into an agreement with an International

Exchange (TOCOM)
Facilitating Cost effective and economic technology. Real-time price & information dissemination through website and info vendors

MCX shall accomplish the above vision by relentlessly endeavoring to enhance awareness and understanding of exchangeenabled trade in commodity derivatives. The Exchange will continue to minimize the adverse effects of price volatilities; providing commodity ecosystem participants with neutral, secure and transparent trade mechanisms; formulating quality parameters and trade regulations in conjunction with the regulatory authority. Moreover, it will continue to enforce a zero-tolerance policy toward unethical trade practices-attempted or real-by any participant/s; and invest in the all-round development of the commodity ecosystem.

We envision a unified Indian commodity market that is driven by market forces and continually provides a level playfield for all stakeholders ranging from the primary producer to the end-consumer; corrects historical aberrations in the system; leverages technology to achieve exceptional efficiencies and ultimately lead to a common world market. We also envision a brand image for MCX that identifies it as the Exchange of Choice not only by direct participants in the commodity ecosystem but also by the general public.

 September 26, 2003

November 10, 2003 December 8, 2003 June 14, 2005 October 25, 2005 June 9, 2008 December 3, 2009 June, 2011 September 23, 2011 September, 2011 March 09, 2012

 Trading at MCX: MCX uses TWC application which facilities the traders for fast exchange of commodity. Trading System: MCX matches the order on time priority logic. Time related condition day order: GTC GTD IOC Price condition limit order Market order

It follows a risk-based and portfolio-based approach. The MCX follows a comprehensive and stringent margining system for all future contracts traded on the Exchange platform. Actual margining and position monitoring is done on an on-line basis.

Monday to Saturday: Saturdays: Monday through Friday:

9:45 a.m. to 9:59 a.m. 10:00 a.m. to 2:00 p.m. 10:00 a.m. to 11:30 p.m.

 MCX infrastructure is a key factor in the exchanges development and also allows faster trade executive. CTCL

It tracks member margin utilization.

Needs constant technology upgrades. Technology used at MCX is highly scalable and generate better margins at greater volume. MCXs technology handles daily trading volumes upto 10lakh.

o Insist on filling up a standard 'Know Your Client (KYC)' form before you commence trading o Insist on getting a Unique Client Code (UCC) and ensure all your trades are done under the said UCC. o Insist on filling up a standard Member-Client Agreement. o Insist on reading and signing a standard 'Risk Disclosure Agreement'. o Obtain a copy of your KYC, Member-Client Agreement and/ or other documents executed by you with the Member, from the Member. o Do not deal with any unregistered intermediaries. o Do not undertake off-market transactions as such transactions are illegal and fall outside the jurisdiction of the Exchange. o Do not enter into assured returns arrangement with any Member o Do not get carried away by luring advertisements, rumors, hot tips, explicit/ implicit promise of returns, etc. ` o Do not accept unsigned/duplicate contract note.s

An oldest precious metal which has been valued as a global currency, a commodity

GOLD

Major Characteristics Demand and Supply Scenario Global Scenario Indian Scenario Factors Influencing the Market Measurement Weight Conversion Table Purity

 Major Characteristics
Global Scenario World Natural Gas Market

Indian Scenario
Market Influencing Factor

 Headquartered in Mumbai, Multi Commodity Exchange of India Ltd (MCX) is a state-of-the-art electronic commodity futures exchange.

Having started operations in November 2003, today, MCX holds a market share of over 85%
MCX is the 3rd largest commodity future exchange in the world. MCX offers more than 40 commodities across various segments such as bullion, ferrous and non-ferrous metals, energy.

 MCX has been certified to three ISO standards including ISO Quality Management System standard, Environmental Management System & Information Security Management System Std (ISO). MCX was the first exchange in India to initiate evening sessions. It was launched in Indias first real time compost commodity future index.

In 2009, it launched EFT transactions for the first time in India.

MCX has formed strategic alliances with a number of exchanges such as the London Metal Exchange, the New York Mercantile Exchange, the LIFFE Administration and Management (under renewal), the Baltic Exchange Limited, Shanghai Futures Exchange and Taiwan Futures Exchange.

SOURCES
www.mcxindia.com