Multi Commodity Exchange of India (MCX) has adopted the Bloomberg Global Identifier (BBGID) across all MCX traded contracts on its website. With this, the company has joined a number of exchanges globally in supporting Bloomberg’s Open Symbology (BSYM) to lower data management costs and promote data transparency and information exchange.
For all traded contracts on its website www.mcxindia.com, MCX will display Bloomberg’s global ID protocol. In addition, the Bloomberg Professional Service will track the real-time pricing from MCX.
Bloomberg's Global Identifier, BBGID is a 12-digit alphanumerical identifier that covers more than 75 million active and inactive securities globally. It is available free of licensing fees, restrictions or commercial terms and is non-changing and unique to the listing level.
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.