Rich 2 Money MCX Pack is Trending as exchange with an undisputed leadership position and provides the commodity ecosystem participants with a platform for efficient price discovery and price risk management.
Rich 2 Money Provides The Multi Commodity Exchange of India Limited (MCX) Pack which India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management. The Exchange, which started operations in November 2003, operates under the regulatory framework of Securities and Exchange Board of India (SEBI).
MCX offers trading in commodity derivative contracts across varied segments including bullion, industrial metals, energy and agricultural commodities. It is India’s first exchange to offer commodity options contracts. The Exchange focuses on providing commodity value chain participants with neutral, secure and transparent trade mechanisms, and formulates quality parameters and trade regulations, in conformity with the regulatory framework. The Exchange has an extensive national reach, with 688 registered members and 54,471Authorised Persons with its presence in around 1041 cities and towns across India as on 30 June 2020. MCX is India’s leading commodity derivatives exchange with a market share of 96.7% per cent in terms of the value of commodity futures contracts traded in Q1 FY21 which is provides by us.
Rich 2 money Provides the exact solutions to the queries based on Commodity marketing.
Let us first know about the basis of Commodity Marketing. The difference between the spot or cash price of a commodity and the price of the nearest futures
contract for the same or a related commodity. Basis is usually computed in relation to the futures
contract next to expire and may reflect different time periods, product forms, qualities, or locations.
CASH –FUTURES = BASIS.
Crude oil and natural gas are the two most popularly traded commodities, not only in India but across the world. Crude oil production is dominated by the US, Russia and Saudi Arabia which jointly account for 35% of the world oil production. Russia and Qatar are the largest producers of natural gas in the world. Relatively, natural gas is considered to be a much cleaner source of energy from an environmental perspective.
Agri commodities are not just weather dependent in a country like India but many of them are also extremely politically sensitive. This adds a unique dimension to derivatives trading on agri products. Normally, agri products are a function of global demand and supply as well as the national policy with respect to free imports and exports of the product.
dream come true.
In terms of commodity trading, there are two precious metals that are available trade viz. Gold and Silver. Of course, there are variants like Gold Mini, Silver Mini, Gold Guinea, Gold Petal etc. Gold is the most sought-after precious metal, is admired throughout the world for its beauty, liquidity, investment qualities, and industrial properties. As an investment vehicle, gold is typically viewed as a financial asset that maintains its value and purchasing power during inflationary periods. Global demand for gold is generated from 4 segments viz. jewellery demand, investment demand, central bank reserves, and technology. The price of gold is impacted by various factors like supply from central bank sales, hedging interest of producers and miners, geopolitical risk demand, interest rates, inflation and typical factors like marriage season demand and post harvest season demand.
Silver is a brilliant grey-white metal that is soft and malleable. The principal sources of silver are the ores of silver, silver-nickel, lead, and lead-zinc. Latin American nations like Peru, Mexico and Bolivia account for the largest chunk of silver production in the world. Silver has applications in art, science, industry and beyond. Nearly 95% of the demand for silver comes from 3 principal segments viz. silver in industry, investment, and silver jewellery and décor.
India‟s No. 1 commodity exchange to trade bullion futures
Highly liquid contracts
Deliverable Contracts with internationally accepted gold bars
Flexibility to choose from two different contract sizes, Gold (1 kg) and
Gold Mini (100 g), the best meets the needs.
Highly efficient and transparent market