Multi Commodity Exchange
Mumbai, India
Abbreviation
MCX
Location
Mumbai, India
Region
Asia
Product Types
Precious Metals, Base Metals, Energy, Agricultural
About Multi Commodity Exchange
Multi Commodity Exchange of India (MCX), founded in 2003 and headquartered in Mumbai, is India's largest commodity derivatives exchange and the world's 6th largest commodity futures exchange by contracts traded (FIA, 2024). MCX offers futures and options in precious metals (gold, silver), base metals (copper, aluminium, zinc, lead, nickel), and energy (crude oil, natural gas), providing essential price-discovery and hedging tools to India's producers, traders, and institutional participants. As of 2025, MCX counts 568 registered members with pan-India market access. Key 2025 milestones include the launch of India's first Electricity Futures Contract (July 2025), Nickel Futures (August 2025), and Options on the MCX BULLDEX® Metals Index (October 2025). Regulated by SEBI since 2015 following the merger of the Forward Markets Commission into SEBI, MCX operates under a robust regulatory framework ensuring market integrity and investor protection.
More Exchanges in Asia
Shanghai Futures Exchange
SHFE · Shanghai, ChinaThe Shanghai Futures Exchange (SHFE), established in 1999 through the merger of the Shanghai Metal Exchange, Shanghai Cereal and Oils Exchange, and Shanghai Commodity Exchange, is one of China's three principal commodity futures exchanges, regulated by the CSRC. By trading volume, SHFE consistently ranks among the world's largest exchanges for copper, zinc, rebar steel, and silver futures. Listed products include base metals (copper, aluminum, zinc, lead, nickel, tin), precious metals (gold, silver), energy (crude oil, fuel oil), and industrial materials (natural rubber, bitumen, rebar steel, wire rod, hot-rolled coil).
Bursa Malaysia Derivatives
MDEX · Kuala Lumpur, MalaysiaBursa Malaysia Derivatives Berhad (formerly MDEX — Malaysia Derivatives Exchange) is Malaysia's principal derivatives exchange and the world's leading venue for Crude Palm Oil (CPO) futures and options. Originally established in 1980 as the Kuala Lumpur Commodity Exchange (KLCE), it became MDEX in 2001 and was rebranded as Bursa Malaysia Derivatives in 2004. CPO futures are a critical global benchmark for the edible oil and biodiesel industries. Other products include Crude Palm Kernel Oil (CPKO), rubber, FTSE Bursa Malaysia KLCI Index futures, and government bond futures.
Manila Commodity Exchange
MCX · Manila, PhilippinesThe Manila Commodity Exchange (MCX) is a commodity and derivatives exchange based in Manila, Philippines, offering contracts across base metals, agricultural commodities, energy, and currencies. The Philippines is an emerging market for commodity derivatives with the exchange targeting regional Southeast Asian participants. MCX operates within the Philippine regulatory framework overseen by the Securities and Exchange Commission (SEC Philippines).
Commodities & Metal Exchange Nepal Ltd.
COMEN · Kathmandu, NepalCommodities & Metal Exchange Nepal Ltd. (COMEN) is a commodity exchange based in Kathmandu, Nepal, offering futures and spot contracts for precious metals including gold and silver. COMEN is one of several commodity derivatives exchanges operating in Nepal, providing price-discovery and hedging mechanisms for bullion traders in the Nepalese market. Nepal's gold and silver markets are closely linked to Indian pricing benchmarks, with significant demand from the jewellery sector.