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Equity Mrkt

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    INTRODUCTION

    MISSION & VISSION

    MILESTONES

    TRADING AT MCX

    TECHNOLOGY

    DO ANDDONTSFOR CLIENTS

    PRODUCTS

    OVERVIEW

    SOURCES

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    National Level Online Multi Commodity Futures Exchange

    Key Promoters

    Financial Technologies (India) Ltd, State Bank of India,

    Union Bank

    Corporation Bank, Bank of India, Canara Bank,

    State Bank of Indore Bank of Baroda

    Operations from 300 cities with over 775 members & 3000TWS

    First Indian Exchange to enter into an agreement with an International

    Exchange (TOCOM)

    Facilitating Cost effective and economic technology.

    Real-time price & information dissemination through website and info vendors

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    MCX shall accomplish the above vision by

    relentlessly endeavoring to enhance

    awareness and understanding of exchange-

    enabled trade in commodity derivatives. The

    Exchange will continue to minimize the

    adverse effects of price volatilities; providing

    commodity ecosystem participants withneutral, secure and transparent trade

    mechanisms; formulating quality parameters

    and trade regulations in conjunction with the

    regulatory authority. Moreover, it will continue

    to enforce a zero-tolerance policy toward

    unethical trade practices-attempted or real-by

    any participant/s; and invest in the all-rounddevelopment of the commodity ecosystem.

    We envision a unified Indian commodity

    market that is driven by market forces and

    continually provides a level playfield for all

    stakeholders ranging from the primary

    producer to the end-consumer; corrects

    historical aberrations in the system;

    leverages technology to achieve exceptionalefficiencies and ultimately lead to a

    common world market. We also envision a

    brand image for MCX that identifies it as

    the Exchange of Choice not only by direct

    participants in the commodity ecosystem

    but also by the general public.

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    September 26, 2003 November 10, 2003 December 8, 2003 June 14, 2005 October 25, 2005 June 9, 2008

    December 3, 2009 June, 2011 September 23, 2011 September, 2011 March 09, 2012

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    Trading at MCX:

    MCX uses TWC application which facilities the traders for fast exchange of

    commodity.

    Trading System:MCX matches the order on time priority logic.

    Time related condition day order:

    GTC GTD

    IOC

    Price condition limit order

    Market order

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    It follows a risk-based and portfolio-based approach. The MCXfollows a comprehensive and stringent margining system for all

    future contracts traded on the Exchange platform. Actual

    margining and position monitoring is done on an on-line basis.

    Monday to Saturday: 9:45 a.m. to 9:59 a.m.

    Saturdays: 10:00 a.m. to 2:00 p.m.Monday through Friday: 10:00 a.m. to 11:30 p.m.

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    MCX infrastructure is a key factor in the exchanges development

    and also allows faster trade executive.

    CTCL

    It tracks member margin utilization.

    Needs constant technology upgrades.

    Technology used at MCX is highly scalable and generate better

    margins at greater volume.

    MCXs technology handles daily trading volumes upto 10lakh.

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    o Insist on filling up a standard 'Know Your Client (KYC)' form

    before you commence trading

    o Insist on getting a Unique Client Code (UCC) and ensure all

    your trades are done under the said UCC.

    o Insist on filling up a standard Member-Client Agreement.

    o Insist on reading and signing a standard 'Risk Disclosure

    Agreement'.

    o Obtain a copy of your KYC, Member-Client Agreement and/ orother documents executed by you with the Member, from the

    Member.

    o Do not deal with any unregistered intermediaries.o Do not undertake off-market transactions as such transactions

    are illegal and fall outside the jurisdiction of the Exchange.o Do not enter into assured returns arrangement with any

    Membero Do not get carried away by luring advertisements, rumors, hot

    tips, explicit/ implicit promise of returns, etc. `o

    Do not accept unsigned/duplicate contract note.s

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    GOLDAn oldest precious metal which has been valued as a

    global currency, a commodity

    Major Characteristics

    Demand and Supply Scenario

    Global Scenario

    Indian Scenario

    Factors Influencing the Market

    Measurement Weight Conversion Table

    Purity

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    Major Characteristics

    Global Scenario

    World Natural Gas Market

    Indian Scenario

    Market Influencing Factor

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    Headquartered in Mumbai, Multi Commodity Exchange

    of India Ltd (MCX) is a state-of-the-art electronic

    commodity futures exchange.

    Having started operations in November 2003, today,

    MCX holds a market share of over 85%

    MCX is the 3rd largest commodity future exchange in

    the world.

    MCX offers more than 40 commodities across various

    segments such as bullion, ferrous and non-ferrous

    metals, energy.

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    MCX has been certified to three ISO standards including ISO

    Quality Management System standard, Environmental

    Management System & Information Security Management System

    Std (ISO).

    MCX was the first exchange in India to initiate evening sessions.

    It was launched in Indias first real time compost commodity

    future index.

    In 2009, it launched EFT transactions for the first time in India.

    MCX has formed strategic alliances with a number of exchanges

    such as the London Metal Exchange, the New York Mercantile

    Exchange, the LIFFE Administration and Management (underrenewal), the Baltic Exchange Limited, Shanghai Futures

    Exchange and Taiwan Futures Exchange.

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    SOURCES

    www.mcxindia.com

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