Multi Commodity Exchange of India (MCX) has received permission from market regulator Securities and Exchange Board of India (SEBI) to launch options trading in four new future contracts.
The regulator has granted permission for launching options trading with Crude Oil (100 Barrels), Zinc (5MT), Silver (30 kg) and Copper (1 MT) futures as underlying. The exchange would initiate action for launch of the same in due course of time.
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.