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Company : MCX India Limited 
Monday, February 9, 2015 2:10PM IST (8:40AM GMT)
 
Building Awareness on Commodity Futures to Increase Market Participation
Bhubaneswar, Orissa, India

In order to increase the market participation in commodity futures market and to educate the commodity ecosystem participants about hedging price risks, Multi Commodity Exchange of India Ltd (MCX), organised a commodity awareness programme in association with the Forward Markets Commission (FMC) at Bhubaneswar on Feb 7.
 
Expounding on the various aspects of commodities trading in India, the experts briefed about the functioning of Commodity Exchanges and the benefits of commodity futures for trading. They also gave an insight into the technicalities of the commodity markets with respect to the products, price discovery, transparency and risk management mechanism in trading and settlement of transactions.
 
Speaking about the price risks faced by the market participants due to volatility in commodity markets, Mr. Vibhor Tandon, Assistant Vice President-Business Development, MCX said, “It is important for the market participants to hedge their price risks in futures market, by trading on a regulated commodity exchange such as MCX.”
 
“We are happy with the response to the awareness programme held at Bhubaneswar. MCX has been playing a critical role in imparting knowledge to the market participants by organising commodity awareness programmes across the country”, he added.
 
The purpose of the platform was to create an understanding of the commodity futures market among the participants, which would enable them to manage their price risks better. They further elucidated on the topics such as the approach to price risk management, role of commodity futures exchanges, and the regulatory perspective.
 
A key takeaway was also the feedback from audience that such programmes greatly benefit market participants and also gives them an opportunity to interact with experts in the field. The participants were keen to learn more about the various innovative futures contracts in the bullion, base metals and agri segment offered by the Exchange.
 

 
For News Release background on MCX India Limited click here
 
Media Contact Details
Shivani Sharma, Manager - Communications, MCX India Limited, +91-9833376243, Shivani.sharma@mcxindia.com
 
 
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