Company Performance Metrics
- Praveena Rai: Managing Director & CEOPast Role: National Payments Corporation of India, Chief Operating Officer
P. S. Reddy: Managing Director and Chief Executive Officer
The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity futures exchange that facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The Exchange, which started operations in November 2003, operates
within the regulatory framework of the Forward Contracts (Regulation) Act, 1952.
MCX offers trading in varied commodity futures contracts across segments including bullion, ferrous and non-ferrous metals, energy and agricultural commodities. The Exchange focuses on providing commodity value chain participants with neutral, secure and transparent trade mechanisms, and formulating quality parameters and trade regulations, in conformity with the regulatory framework. The Exchange has an extensive national reach, with over 2000 members, operations through more than 468,000 trading terminals (including CTCL), spanning over 1900 cities and towns across India. MCX is India’s leading commodity futures exchange with a market share of about 81 per cent in terms of the value of commodity futures contracts traded in Q1 FY2014-15.
