MCX OUTLOOKS !!!
Multi Commodity Exchange of India on Tuesday said it is planning to launch spot exchange in base metals which will help develop and discipline the fragmented physical market and complement bourse’s delivery-based futures market. “We don’t have a robust spot market and that is one area we will cater in future by setting up a spot exchange which will help us to arrive at a fair price discovery,” MCX MD and CEO P S Reddy said in a statement.