New products to be the key growth drivers

Company
10 Apr 2024
5 Min read 
  • MCX is looking to grow volumes through new products such as Steel Bar, Gold Serial contracts, and Power contracts.
  •  Retail participation in the Indian commodities market is low compared to the equity market.
  •  FPIs have received approval to invest in cash-settled commodities, and MCX has launched its direct market access facility for Category-I FPIs.
  •  Regulatory measures, such as interoperability of margins and determining clients' margin requirements on net positions, can boost volumes.
  •  Completion of the software transition to TCS will lead to cost savings and improved profitability.
  •  MCX is expected to deliver strong revenue and profit growth, driven by increased options volumes.
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