Indian Commodity Exchange

On Monday, the MCX Crude Oil futures were seen trading above the 100-DMA for the first time in more than six months. Sustained trade above Rs 6,350 can help the trend turn favourable for Crude Oil.

MCX Gold is likely to trade with a bullish bias this April as long as prices sustain above Rs 59,800; Pivot point for Silver is Rs 73,800.

The sectors in India that import from China include pharmaceutical (pharma), automotive (auto), textile, engineering, and electronic goods

Tribunal says 'the ship may be sinking but the leakages can be plugged', pulls up Sebi for concluding exit of top officials would necessarily lead to closure of the exchange

The exchange, in its submission, said it would raise investment and restart the trading within one year. However, no action plan has been submitted

MMTC has invited bids for acquisition of up to 3,20,00,000 shares

Reliance ADAG-anchored Indian Commodity Exchange Ltd (ICEX) has adopted a new technology which transfers exchange generated data from data centre (DC) to the disaster recovery (DR) resulting into zero data loss.Sourced from MillenniumIT (MIT), subsidiary of London Stock Exchange Group (LSEG), the upgraded version of the technology brings ICEX into the league of exchanges with the world's best exchange technology platform. The upgraded technology platform of ICEX has advanced surveillance and risk management features at par with global best practices.With the implementation of the new technology, ICEX becomes the first exchange in India to adopt such a global hi-tech platform that ensures automatic and seamless switch-over from its DC to the DR site with zero data loss in case of exigencies."ICEX is the first exchange in India to implement this kind of high-end technology, which ensures that in case of any eventuality at the DC, the DR site takes over automatically without any data ...

MMTC had divested 10% in Jan 2016, will now appoint consultant or merchant banker to exit completely

According to sources, ICEX has received in-principle approval from Sebi to recommence operations