Multi Commodity Exchange of India (MCX) has entered into a Memorandum of Understanding (MoU) with Jakarta Futures Exchange (JFX) (i.e. PT. Bursa Berjangka Jakarta), the largest exchange in Commodity and Derivatives market in Indonesia, to enhance collaboration in key areas, including knowledge sharing, research, education, training, awareness creation and other market development initiatives. The MoU was formalised on February 26, 2024, at the MCX headquarters in Mumbai.
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.
