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MCX’s metal index futures clocks turnover of Rs 1,336 crore since launch

20 Nov 2020 Evaluate

Multi Commodity Exchange of India’s (MCX) metal index futures, METLDEX, has completed its first expiry cycle with a turnover of Rs 1,336 crore. The METLDEX futures, launched in October this year, tracks the price movements of five base metals traded on the exchange.

MCX, the leading commodity bourse, largely offers futures trading in nonagricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.

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