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Sunday, February 10, 2013

MCX- world's no.3 commodity futures exchange

MCX-SX (multi commodity exchange-stock exchange)
with its 40-stock index SX-40, it is third full fledged bourse after BSE and NSE.
Globally MCX is no.1 in Silver and Gold ; No.2 in Natural gas, No.3 in Crude Oil.
The index allows fast entry for better free float and hedge against commodity price volatility.

It will begin trading in equities and equity derivatives from Monday.

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