Multi commodity Exchange of India’s (MCX) wholly owned subsidiary -- Multi Commodity Exchange Clearing Corporation (MCXCCL) has received recognition from the Securities and Exchange Board of India (SEBI) to act as a Clearing Corporation for a period of one year with effect from July 31, 2018.
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.