For futures contracts, the transaction charge might be Rs 2.10 per lakh of turnover worth whereas for choices contract, it will likely be Rs 41.80 per lakh of premium turnover worth, MCX stated in a round issued on Tuesday.
MCX provides buying and selling in commodity by-product contracts throughout assorted segments together with bullion, industrial metals, power and agricultural commodities, as additionally on indices constituted from these contracts. It’s India’s first trade to introduce commodity choices, and futures contracts on bullion, base metals and power indices.
The Alternate has an in depth nationwide attain, with 544 registered members and 35,537 Authorised Individuals with its presence in round 669 cities and cities throughout India as on thirtieth June 2024. MCX is India’s main commodity derivatives trade with a market share of about 97.84% by way of the worth of commodity futures contracts traded within the monetary yr 2024-25 (April 2024 – June 2024).
MCX shares as we speak ended with minor declines on the NSE at Rs 5,874, falling by 0.55 or 0.01% over Monday closing value. The inventory additionally hit its 52 week excessive of Rs 6,014.40 as we speak although broke its four-session profitable streak.
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