India exchange launches more mini-Nymex contracts

The Multi Commodity Exchange of India Limited (MCX) has signed a five-year licensing agreement with the New York Mercantile Exchange for the use of Nymex energy futures settlement prices.

In addition to the current MCX rupee-denominated, financially-settled light sweet crude oil futures contract, which is one-tenth of the size of the Nymex light sweet crude oil futures contract, the new licensing agreement includes rupee-denominated natural gas, heating oil, and gasoline futures contracts tha

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: