SEBI Allows MCX to launch Gold Options

The Multi Commodity Exchange Ltd (MCX), the country’s largest commodity exchange has received capital markets regulator Securities and Exchange Board of India’s (Sebi) approval to launch options trading in gold.


It will allow investors and hedgers to minimise their price risk at a fraction of cost compared to currently available futures trading.

Important Takeaways from above News-
  • Murgank Paranjape is the Managing Director of MCX.
Source- The Hindu

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *