Multi Commodity Exchange of India (MCX) has launched mock trading on a new version of software to accommodate zero and negative prices of commodities derivatives contracts on its platform. The new trading software will go online from July 20, bringing the bourse at par with global exchanges, as CME Group has already adopted this standard in April.
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.
