Multi Commodity Exchange (MCX), the country’s largest commodity bourse, has inked a memorandum of understanding (MoU) with People’s Republic of China-based Dalian Commodity Exchange (DCE) to boost co-operation.
The MoU will facilitate potential collaboration in areas like knowledge sharing, research and price risk management. It will also foster the development of communication channels for the sharing of information between the exchanges.
MCX, the leading commodity bourse, largely offers futures trading in non-agricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.
