DOWNLOAD OUR APP
IndiaOnline playstore
07:12 PM | Sat, 01 Oct 2016

Download Our Mobile App

MCX to Conduct an Awareness Meet on Commodity Futures at Deoghar

493 Days ago

Educate market participants about the promising terrain of commodity futures market

 

Create awareness about the benefits of hedging, managing price risks and price discovery mechanism offered by commodity exchanges

 

Deoghar, May 26, 2015: Multi Commodity Exchange of India Ltd (MCX), Forward Markets Commission (FMC) and Santhal Pargana Chamber of Commerce & Industries are jointly organising an awareness programme on the Benefits of Commodity Futures Market at Amrapali Clarks Inn, Deoghar (Jharkhand) on Thursday, May 28, 2015. The programme is scheduled to begin at 06:30 pm. It is aimed at educating the market participants on the concept of commodity futures trading and how SMEs, traders and producers can benefit by trading on a commodity futures platform such as that of MCX.

 

A panel of experts from MCX will make presentations on various topics, such as fundamentals of commodity futures market, benefits and importance of hedging, importance of commodity exchanges in India. They will also explain in detail about the technicalities of working of the commodity markets with respect to the products, price discovery, transparency and risk management mechanism in trading and settlement of transactions.

 

Further, they will briefly discuss about the role of FMC in regulating and monitoring the functions of commodity exchanges in building confidence of the market participants, and for the growth of Commodities Market in India.

 

Mr. Alok Kr. Mallick, Secretary, Santhal Pargana Chamber of Commerce & Industries said, “Looking at the current scenario, where the economic uncertainty is on the rise, resulting in volatility in commodity prices, ‘Hedging’ is definitely is the need of the hour for the market participants so as to reduce and minimize their risk exposures, thereby safeguarding their margins.”

 

“MCX is unquestionably an excellent platform to hedge commodity price risks. I am sure that members of our association would greatly benefit by hedging their price risks on MCX”, Mr. Mallick further added.

 

MCX, along with the market regulator, FMC, undertakes a large number of awareness programs all over India on a continuous basis for propagating the benefits of hedging and bringing more and more physical market participants under the beneficial ambit of the commodity futures market.

 

 

Our Media Partners


app banner

REVOLUTIONARY ONE-STOP ALL-IN-1 MARKETING & BUSINESS SOLUTIONS

  • Digital Marketing
  • Website Designing
  • SMS Marketing
  • Catalogue Designing & Distribution
  • Branding
  • Offers Promotions
  • Manpower Hiring
  • Dealers
    Retail Shops
    Online Sellers

  • Distributors
    Wholesalers
    Manufacturers

  • Hotels
    Restaurants
    Entertainment

  • Doctors
    Chemists
    Hospitals

  • Agencies
    Brokers
    Consultants

  • Coaching Centres
    Hobby Classes
    Institutes

  • All types of
    Small & Medium
    Businesses

  • All types of
    Service
    Providers

FIND OUT MORE