Multi Commodity Exchange Of India (MCX) is planning to collaborate with Chittagong Stock Exchange (CSE), Bangladesh to provide the consultancy services for the establishment of a Commodity derivatives platform in Bangladesh. As part of the agreement, MCX will provide consultancy services in areas of regulations, products, clearing and settlement services, trading, warehousing, etc. The agreement to this effect is planned to be signed on April 12, 2022 between MCX and CSE.
MCX is 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.
