"Everything
you need to know about our company, it’s people and associates"
Headquartered in the financial capital
of India, Mumbai, MCX (www.mcxindia.com)
is a demutualised nationwide electronic multi commodity futures
exchange set up by Financial Technologies with permanent recognition
from Government of India for facilitating online trading,
clearing & settlement operations for futures market across
the country. The exchange started operations in November 2003.
Apart from being accredited with ISO 9001:2000 for quality
standards, MCX offers futures trading in 55 commodities as
on December 31, 2007, defined in terms of the type of contracts
offered, from various market segments including bullion, energy,
ferrous and non-ferrous metals, oils and oil seeds, cereals,
pulses, plantations, spices, plastics and fibres. The exchange
strives to be at the forefront of developments in the commodities
futures industry and has forged ten strategic alliances across
the world, including with Tokyo Commodity Exchange, Chicago
Climate Exchange, London Metal Exchange, New York Mercantile
Exchange, New York Board of Trade and Bursa Malaysia Derivatives,
Berhad.
The Key shareholders in MCX are: State Bank of India and
its associates (SBI), National Bank for Agriculture and Rural
Development (NABARD), National Stock Exchange of India Ltd.
(NSE), SBI Life Insurance Co. Ltd., Bank of India (BoI) ,
Bank of Baroda ( BoB ), Union Bank of India, Corporation Bank,
Canara Bank, HDFC Bank,Benett Coleman & Company Limited ,
Fid Fund (Mauritius) Ltd. - an affiliate of Fidelity International,
ICICI Trusteeship Service Limited, IL&FS Trust Company Limited,
Kotak group, Citibank Strategic Holdings Mauritius Limited,
Merrill Lynch Holdings (Mauritius) and Financial Technologies
of India Ltd.
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