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MCX gains on starting mock trading to include zero, negative prices

  • bitnet infotech
  • July 14, 2020
  • 4:22 am

Multi Commodity Exchange Of India is currently trading at Rs. 1323.00, up by 3.80 points or 0.29 % from its previous closing of Rs. 1319.20 on the BSE.

The scrip opened at Rs. 1308.00 and has touched a high and low of Rs. 1327.00 and Rs. 1307.05 respectively. So far 17188 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1442.00 on 21-Jan-2020 and a 52 week low of Rs. 779.05 on 30-Jul-2019.

Last one week high and low of the scrip stood at Rs. 1340.00 and Rs. 1270.95 respectively. The current market cap of the company is Rs. 6727.70 crore.

The Institutions and Non-Institutions held 71.89% and 28.11% stake respectively in the company.

Multi Commodity Exchange of India (MCX) has launched mock trading on a new version of software to accommodate zero and negative prices of commodities derivatives contracts on its platform. The new trading software will go online from July 20, bringing the bourse at par with global exchanges, as CME Group has already adopted this standard in April.

MCX, the leading commodity bourse, largely offers futures trading in non-agricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.

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