Do you know ?? Commodities Market is a globally recognized market for trading. Moreover, being a leading Commodity Exchange at a National Level, MCX or Multi Commodities Exchange has Agri and Non-Agri products for trading in Derivatives. Furthermore, a high volume of trading is seen competitively for Non-Agri products on MCX Exchange. It has been observed that maximum people are preferring to opt for Bullion products wherein Gold & Silver are traded on a high note. Additionally, it is considerably witnessed that trading in even Base Metals is demanded these days. The Five Metals that are inclusive of the Base Metals on the MCX platform are Copper, Zinc, Aluminum, Lead, and Nickel.
There are also energies traded on MCX Exchange named Crude Oil & Natural Gas wherein the market participants have been trading in futures so far. Looking at the towering rise in the Global Commodities Market at this point in time. We can conclude that investing in the commodities market in India at this time will bring you positive results in the coming days.
NIFTY & BANKNIFTY, we have been seeing increased traffic and good liquidity in the underlying areas. Hence we can assume that these Indexes have a spotlight on them in the Share Market for market players. The reason being they are quite convenient, favorable, and easy to trade. Plus it has more diversification that reduces the risk of an investor or trader. Therefore, taking note of this situation, MCX turned up with the launch of Index Future known as MCX Bulldex (Bullion Index) on 24th August 2020.
Although, with the successful launch of this product, and considering the liquidity and the demands of the investors and traders. MCX has now come up with another emerging product recognized as MCX METLDEX which is supposed to be launched on 19th October 2020 i.e Monday. The underlying of MCX METLDEX are the five base Metals named Copper, Zinc, Aluminum, Lead, and Nickel. These products would be now accessed to trade as Futures with the expiry under METLDEX on the MCX platform.
Now there would be a question approaching you to answer. Therefore, we at Lakshmishree Investment & Securities Pvt Ltd are here to answer you through this webinar on...
So here are they...
The major benefit of this Index would be that it is a Cash Settled contract wherein, the investors and traders would be able to make more out of the settlements.
This benefit will also add up with the same weightage as Cash Settled products for market participants to have favorable deals with the METLDEX Index of Commodity Market. Being more precise, you can keep your positions and keep trading until the expiry date or up till the last moment.
The investors or traders who tend to deal in METLDEX with the lower margin would be also embraced with Thumbs Up. Here this will surely benefit the overall market participants to trade eloquently without any disruptions of higher margin.
