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Circular no.: MCX/PMT/687/2020September 21, 2020___ MCX Bullion Good Delivery List expansion Basic Eligibility Criteria for applicant refiners to be part of Screening process ___ In terms of the provisions
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The launch of MCX (Multi Commodity Exchange) good refers to the introduction of new commodity trading options or products available on the exchange platform to facilitate trading in various goods.
Market participants, including brokers, traders, and organizations intending to introduce new commodities on the MCX, are required to file the launch of MCX good.
To fill out the launch of MCX good, participants must complete specific forms provided by the exchange, including details about the commodity, trading specifications, and relevant supporting documents.
The purpose of the launch of MCX good is to expand trading opportunities for market participants, improve market liquidity, and enhance price discovery for various commodities.
Key information to be reported includes the commodity name, specifications, contract details, and expected trading volumes, along with compliance documentation.
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