Multi Commodity Exchange of India Ltd. (MCX), as part of an educational and research initiative under MCX Investor Services Fund, in association with Commodity Participants Association of India (CPAI) organized today a research seminar in Mumbai, "Research studies in the Commodity Ecosystem - disseminating findings", wherein the researchers from Acies Consulting and IIM Lucknow, presented the findings of their research studies on following themes:
Evaluating Risk Management Tools in Indian Commodity Derivatives Market (by Acies Consulting)
Regulatory Landscape in Equity Derivatives versus Commodity Derivatives Markets in India (by IIM Lucknow)
The Acies' study provides emphasis on the risk management tools being used in the Exchange traded derivatives market including margins, price limits, collaterals, settlement guarantee fund, etc. and their efficiency. On the other hand, the study by IIM Lucknow focuses on regulatory landscape in equity derivatives versus commodity derivatives markets in India at microstructure level covering net worth, institutional participation, risk management, etc.
The studies will be made available on the MCX website under research studies shortly.
Shares of Multi Commodity Exchange of India Limited was last trading in BSE at Rs. 1573.65 as compared to the previous close of Rs. 1570.20. The total number of shares traded during the day was 4664 in over 629 trades.
The stock hit an intraday high of Rs. 1593.00 and intraday low of 1554.80. The net turnover during the day was Rs. 7358642.00.