The Multi Commodity Exchange (MCX) is a leading commodity exchange in India, established in 2003. It facilitates trading in various commodities, including metals, energy, and agricultural products. The exchange provides a platform for buyers and sellers to trade futures contracts, helping to manage price risks and enhance market liquidity. MCX operates under the regulatory framework of the Securities and Exchange Board of India (SEBI). It offers a transparent trading environment, enabling participants to access real-time market data and execute trades efficiently. The exchange plays a crucial role in price discovery and risk management for commodity markets in India.