Multi Commodity Exchange of India’s (MCX) wholly owned subsidiary -- Multi Commodity Exchange Clearing Corporation (MCXCCL) has received Securities and Exchange Board of India’s (SEBI’s) approval to act as a Clearing Corporation for a period of one year.
Multi Commodity Exchange of India (MCX), the leading commodity bourse, largely offers futures trading in non-agricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.