The Multi Commodity Exchange of India (MCX) has commenced future trading in fifteen new contracts which will be made available with effect from February 01, 2013. The exchange will be commencing the trading as per the Rules, Byelaws and Business Rules of the Exchange.
The fifteen new contracts in which trading will be available are Almond June 2013, Aluminum May 2013, Aluminum Mini May 2013, Crude Palm Oil June 2013, Gold Guinea April 2013, Gold Petal April 2013, Gold Petal (New Delhi) April 2013, Lead May 2013, Lead Mini May 2013, Mentha Oil May 2013, Nickel May 2013, Nickel Mini May 2013, Silver 1000 April 2013, Zinc May 2013 and Zinc Mini May 2013 contract.
The contract specifications, trading parameters, delivery and settlement procedure of the contract issued by the Exchange 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.