Turnover on MCX hits new high at ₹62.39 lakh crore
Total futures and options turnover stood at ₹62,93,465 crore, across more than 3.13 crore contracts; options accounted for ₹61,84,516 crore of turnover, while futures contributed ₹1,08,949 crore
On Friday, the commodity derivatives trading turnover on MCX reached a record high of ₹62.93 lakh crore. This surge was driven by a sudden increase in gold prices and heightened participation due to volatile metal prices. According to trade statistics from the exchange website, the total futures and options turnover amounted to ₹62,93,465 crore, encompassing over 3.13 crore contracts.
Options contributed ₹61,84,516 crore to this turnover, while futures contributed ₹1,08,949 crore. The record is a testament to the measures taken by MCX to enhance the physical and derivatives market ecosystem.
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- MCX Daily Turnover Hits Record ₹62.93 Lakh Crore, Options Account For Over 98% freepressjournal.in
