MCX, NISM launch centre to strengthen India’s commodity market skills
MCX and NISM have signed an MoU to establish the MCX-NISM Centre for Commodity Markets, focusing on professional training, research, investor awareness and academic engagement. The initiative aims to strengthen expertise in commodity derivatives, risk management, compliance and responsible participation.
The Multi Commodity Exchange of India Ltd. (MCX) and the National Institute of Securities Markets (NISM) have collaborated to launch the MCX-NISM Centre for Commodity Markets, an initiative aimed at enhancing professional capabilities, research, and responsible participation in India's commodity markets. This dedicated platform, housed at NISM, will leverage MCX's industry expertise and NISM's academic infrastructure and research capabilities to address the evolving needs of India's sophisticated and globally integrated commodity markets.
Focusing on capacity building, applied research, investor awareness, and academic engagement, the centre's programmes will cater to market participants, corporates, investors, and the academic community. Key objectives include sharpening understanding of commodity derivatives, hedging, corporate risk management, ethical conduct, suitability, compliance, and good market practices.
Additionally, the centre will conduct research, draft policy papers, and offer faculty development programmes, doctoral fellowships, visiting scholar initiatives, and academic symposia to foster a continuous talent pipeline.
Sashi Krishnan, Director of NISM, emphasized the importance of rigorous, current research grounded in the Indian market and a steady supply of well-trained professionals as the foundation for the development of commodity markets. Praveena Rai, MD and CEO of MCX, highlighted the significance of informed and skilled market participants in an efficient commodity market, stating that the centre will empower professionals and build a deep pool of skilled practitioners with practical risk-management skills.
By fostering industry-academia collaboration and supporting the development of skills, research, and responsible participation, the MCX-NISM Centre for Commodity Markets aims to strengthen India's commodity markets through targeted training, joint certifications, and specialized workshops.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
