MCX Launches India’s 1st Copper Options

India’s Multi Commodity Exchange had launched the country’s first copper options contracts. Three contracts with a lot size of 1 tonne were launched.

The option contract will provide physical market participants an additional instrument to hedge their risk.
Source- The Economic Times

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • The Managing Director of MCX is Mrugank Paranjape.