MCX (ISO 9001: 2000), with permanent recognition from the Government of India is an independent and de-mutualised multi-commodity exchange. MCX, as a nationwide, digital exchange facilitates online trading, clearing and settlement operations for commodity futures trading. Key shareholders of MCX include Financial Technologies (India) Ltd., State Bank of India & its subsidiaries, Fid Fund (Mauritius) Ltd. an affiliate of Fidelity International, National Stock Exchange of India Ltd. (NSE), National Bank for Agriculture & Rural Development (NABARD), HDFC Bank, SBI Life Insurance Co. Ltd., Union Bank of India,
Canara Bank, Bank of India, Bank of Baroda and Corporation Bank.
Mr. Joseph Massey, Deputy Managing Director