Multi Commodity Exchange of India will hold a meeting of the Board of Directors of the Company on 28 October 2020.

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Multi-Commodity Exchange of India launched futures trading on the country's first tradable real-time Base Metals Index, i.e. MCX iCOMDEX Base Metal (METLDEX).

The Exchange has launched METLDEX futures expiring in the months of November 2020, December 2020 and January 2021. Atleast 3 consecutive month contracts will be available at all times. The contract has alot size equal to 50 times of underlying MCX iCOMDEX Base Metals Index. The tick size (minimum price movement) for the contract is Re.1. The contracts would finally be settled in cash at the end of expiry ofeach contract. The final settlement price will be based on the Volume Weighted Average Price (VWAP) of the underlying constituents between 4:00 p.m. and 5.00 p.m. on the expiry day of the index futurescontract.

The sectoral index tracks real-time performance of a basket of MCX Base Metal (near month) futures thatincludes Zinc (5 MT), Copper (2.5 MT), Nickel (1.5 MT), Lead (5 MT) and Aluminium (5 MT) futures.Presently it carries around 33.06% weight for Zinc, 29.81% for Copper, 14.77% for Nickel, 12.88% forLead and 9.48% weight for Aluminium.

On August 24, 2020, the Exchange has launched MCX Bullion Index (MCX BULLDEX) futures. Sinceinception BULLDEX futures clocked an average daily turnover of Rs 251.2 crore as on 15 October 2020.

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The Multi Commodity Exchange of India (MCX), India's firstlisted exchange, aims to implement a new advanced Commodity Derivatives Platform (CDP) for its trading and clearing related services. Apropos to that MCX invites proposals from interested bidders for supply, installation, implementation, training and support, etc. of the derivativesplatform. The details and the Request for Proposal (RFP) documents would be available from 17 October, 2020 on the exchange website in the procurement section (www.mcxindia.com/media/procurement-corner). The eligible bidders desirous of taking up the project for supply of above solutions are invited to submit their techno-commercial and financialproposals as given in the RFP.

Last date for submission of proposals will be 20 November 2020.

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Multi Commodity Exchange of India announced that Madhu Vadera Jayakumar has tendered her resignation with immediate effect due to personal reasons.

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