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MCX market and bullion metals

MCX bullion market and metal-

Very often we come to listen to people who just such person MCX market operations, raw materials or metal bars and a question comes to mind exactly what the metals gold and how one can trade in bullion. Are metals like what really face in our daily life or no difference of any kind exists. How the bullion trade to take place and did the same in market values.

Let's take a look at MCX market fundamentals and in turn the ingots.

• What is MCX market?

MCX (M in C and X ommodity last change), to facilitate trade in a variety of products in the country. MCX is a commodity exchange operate independently in India which is based in Mumbai. MCX reaches 500 cities in India with about 10,000 trading terminals. MCX is the only market in India, where multiple commodities are traded.

Several agricultural commodities such as bars, base metals, oil and oil, vegetables, spices and agricultural commodities traded on MCX on the basis of negotiation in the future.

MCX is in Position 1 silver, 2 second place in the natural gas and 3 rd place in crude oil and gold in the world commodity trade.

The market includes the following categories MCX self-

Metals:

Aluminum, copper, lead, nickel, iron sponge, long steel and flat steel, tin, zinc

Bullion:

Gold, silver

Fiber:

A long, medium and short staple cotton, cotton yarn, etc.

Energy:

Oil oil, fuel oil, natural gas, etc.

Spices:

Cardamom, Jeera, pepper, red Cold

Legumes:

Chana, Masoor and yellow peas

Plantation:

Arecanut, cashew kernel, coffee, rubber

Petro Chemicals:

High density polyethylene, polypropylene, PVC

Oil & Oilseeds:

Castor, coconut, cotton seed, Palmoline, groundnut, mustard, soy

Sunflower, sesame and rice bran

Cereals:

Corn

Others:

Mentha oil, potatoes, Suga

• Metal ingots – What is bullion?

Gold and silver with high quality (at least 99.5% purity) as bars (known as Cadbury) are known as gold.

Trade-bullion

Basically the following metals are included in bullion trading –

Gold-Gold is the oldest precious metal known to man for thousands of years and has been valued as a global currency, a commodity, an investment and simply an object of beauty.

Silver Silver's unique properties make it a very useful "Industrial Commodities", despite being classified as a precious metal.

• MCX-Trade System

The five best buy and sell cars for every contract available to trade are visible to the market and orders are matched based on price time priority logic. Orders can be placed to weather conditions and / or conditions Price

Margins

MCX following a comprehensive and rigorous margins for all future contracts traded on the Exchange platform. actual margin and position monitoring is done on-line. For the purpose of computing and the margin, MCX using SPAN ® (Standard Portfolio Analysis of Risk) system following a risk based approach and portfolio basis. The initial margin requirement based on a worst case loss at the client portfolio to cover VaR (value at risk) in a horizon of one day with a minimal margin of basis defined by FMC of matter respective premium. SPAN Risk Parameter File (RPF) is generated by the stock periodically at predefined intervals and RPF files thus generated are provided to members using the FTP service and the Exchange website.

Besides SPAN margins, MCX levies additional margin and / or Special margins when deemed necessary taking into account the volatility and price movements in the products. These margins also apply as directed by the FMC

Tender period margins and delivery period margins apply to contracts expiring by default does not guarantee delivery of commodities

Weather-related conditions

Day order – An order of the day is valid for the day you entered. If the order is not applicable during the day the order is automatically canceled at the end of the trading day.

GTC – A Good Till Cancelled (GTC) order is an order that remains in the system until the expiration of the respective contract, which is entered or until the same canceled by the member.

GTD – Good To Date (GTD) order is valid until the date specified by the member. After the specified date without executing the orders get canceled automatically by the system.

IOC – An Immediate or Cancel (IOC) allows a member to implement orders as soon as it is placed on the market, without which the order is immediately canceled

Price Terms

Limit Order – The order in which the price must be specified at the same time placing them.

Market Order – The order at the best price available at the time of it.

Times-Commerce

Special Session: Monday to Saturday: 9:45 a.m. to 9:59 a.m. Special Session (order cancellation period) was performed to remove pending orders before the market opening

Normal session: Monday to Friday: 10:00 to 23:30 (until 23:55 in the account of daylight saving in general among all the months of November and March the following year)

Saturdays: 10:00 am to 2:00 pm Agro-products are available for futures trading until 5:00 pm while the non-agricultural raw materials (billets, metals, energy products) are available until 23:30 / 23:55.

Deep Kandpal

e-Marketing Executive

Research CapitalVia Global Limited

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About the Author

I am Deep Kandpal, an e-Maketing Executive in CapitalVia Global Research Limited which is leading stock advisory in India and provides Stock tips and commodity tips on intraday basis.