Multi Commodity Exchange of India (MCX) has launched an online web-based platform for expediting arbitration processes of investors and members' complaints. The platform will also facilitate easy access to information on ongoing as well as closed arbitration and appellate arbitration matters.
The platform has been integrated with the existing online-based Investor Grievance Redressal System (IGRS). As per the company, this is another step towards ease of doing business that will facilitate hassle-free filing of arbitration applications and rejoinders.
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.
