Multi Commodity Exchange of India (MCX) has implemented a system whereby only those clients who have updated their mobile numbers in Unique Client Code database can place orders into the Exchange’s trading system. This has been with effect from April 6.
The company will be sending trade alert confirmations on a daily basis through SMS on their mobile numbers. Additionally, trade alert confirmations are also sent to e-mail IDs of the clients that are uploaded by the members in UCC database of the exchange. This will enable clients to verify trades with the contract note they receive from their brokers.
Multi Commodity Exchange of India is the leading commodities exchange in India based on value of commodity futures contracts traded.
