Multi Commodity Exchange of India (MCX) has received an approval from market regulator Securities and Exchange Board of India (SEBI) to launch country’ first gold options contract soon. The exchange will finalize exact contract specifications and launch date in couple of weeks.
Earlier in June, SEBI allowed options trading in commodities to deepen the market but permitted each exchange to launch options on futures of only one commodity initially.
Putting in place strict eligibility criteria, SEBI said options could be launched on futures contract of only those commodities that are among the top five in terms of the total trading turnover value of previous 12 months.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: