MCX is India’s largest commodity derivatives exchange.
It provides an electronic platform where traders, hedgers, investors, and institutions can buy and sell commodity futures and options.
Founded in 2003 and headquartered in Mumbai, MCX is regulated by SEBI.
📌 What MCX Offers
MCX allows trading in:
✔️ Precious Metals
Gold
Silver
✔️ Base Metals
Copper
Zinc
Aluminium
Lead
Nickel
✔️ Energy Contracts
Crude Oil
Natural Gas
✔️ Agricultural Commodities
Cotton
Potato
Mentha Oil
Cardamom
(Agri contracts are smaller portion of turnover)
💼 Business Model – How MCX Makes Money
MCX earns revenue mainly from:
Transaction charges on futures & options.
Clearing & settlement fees.
Data feed charges (market data).
Membership fees from brokers.
Technology platform charges.
As volumes rise, MCX revenues automatically increase → it is a volume-driven business.