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India’s first copper options contracts
May 29 , 2018
2418 days
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- India’s largest commodities exchange platform, Multi Commodity Exchange of India Limited (MCX) launched country’s first copper options contracts.
- The option contract will provide a physical market participants additional instrument to hedge their price risk.
- Options are an instrument that gives buyer right to buy or sell an underlined at present price at a future date.
- MCX operates within the regulatory framework of Forward Contracts Regulation Act, 1952 (FCRA, 1952) under SEBI.
- MCX offers futures trading in bullion, ferrous and non-ferrous metals, energy, and a number of agricultural commodities.
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