ENTITY
Multi Commodity Exchange of India

Multi Commodity Exchange of India (MCX IN)

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Analysis
Financials • India
Multi Commodity Exchange of India (MCX) is India's largest commodity derivatives exchange, offering an online platform for trading commodity futures and options across segments such as bullion, base metals, energy, and agricultural commodities. The company also provides data feed subscriptions and membership services. It was founded in 2003 and is headquartered in Mumbai, India.
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•28 Aug 2024 07:44•Broker

MCX: Scaling New Heights, Improving Visibility. Maintain BUY

We recently met with MCX management. We gained more confidence in their strategic direction, which includes (1) launching new products such as...

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•09 Jul 2024 06:32•Broker

MCX: On a Strong Footing. Maintain Buy

We believe MCX will be the least impacted by the ongoing regulatory risk as (1) it has near-zero exposure to weekly options, (2) crude, which is...

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•27 Apr 2024 05:54•Broker

MCX India - Current Volume Tailwinds Notwithstanding

ICICI Securities research report onMCX India MCX’s Q4FY24 results had two main takeaways – 1) slightly higher software cost profile than expected

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•20 Jan 2024 11:07•Broker

MCX: A New Beginning. BUY

MCX has successfully executed one of the most complex technology transitions, and the new CDP is running smoothly, with volumes scaling new highs

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•28 Sep 2023 08:05•Broker

MCX - Tech Transition Underway, Options Surge. Maintain BUY

The Multi Commodity Exchange of India Ltd (MCX) has witnessed impressive growth in options volume but uncertainty around the technology shift has...

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