Multi Commodity Exchange of India (MCX) has commenced the futures trading in Natural Gas January 2013 contract whereby it will be made available for trading with effect from October 27, 2012. The exchange will be commencing it as per the Byelaws, Rules and Regulations of the Exchange.
The contract specifications, trading parameters, delivery and settlement procedure of the contract shall be binding on all the members of the exchange and constituents trading through them.
MCX is a state-of-the-art electronic commodity futures exchange. MCX offers more than 40 commodities across various segments such as bullion, ferrous and non-ferrous metals, energy, and a number of agri-commodities on its platform.