Awareness Programme to Broad-Base the Commodity Futures Market
With an aim to widen the base of market participants and educate them about the price risk management tools, Multi Commodity Exchange of India Ltd (MCX), organised an awareness programme in association with the Forward Markets Commission (FMC) at Allahabad on Saturday, January 3, 2015. The programme was an opportunity for the market participants to understand about the commodity futures markets and its functioning.
The experts during the programme imparted in-depth knowledge to the participants about the commodity markets and the importance of commodity exchanges in India. They explained about the technicalities of working of the commodity markets with respect to the products, price discovery, transparency and risk management mechanism in trading and settlement of transactions.
Additionally, they highlighted the role of FMC in regulating and monitoring the functions of commodity exchanges in building confidence of the market participants, and for the growth of Commodities Market in India. They further elaborated on the topics such as the benefits of hedging, role of commodity futures exchanges, and the regulatory perspective. It was a platform to create a better understanding of the commodity futures market among the participants, thereby enabling them to hedge risks, in the face of volatile market conditions.
During the event, Mr. Sunil Misra, Senior Manager-Business Development, MCX, highlighted the benefits of trading on an exchange platform such as MCX. He further explained as to how they can take advantage of the commodity futures market and mitigate their price risks emanating from the volatility associated with the commodity prices, considering the basic aspect of risk management and price discovery — the two critical functions performed by the commodity exchanges.
The market participants were extremely happy with the awareness programme organised by MCX and FMC, thereby giving them an opportunity to understand the importance and benefits of ‘Hedging’.
With an aim to widen the base of market participants and educate them about the price risk management tools, Multi Commodity Exchange of India Ltd (MCX), organised an awareness programme in association with the Forward Markets Commission (FMC) at Allahabad on Saturday, January 3, 2015. The programme was an opportunity for the market participants to understand about the commodity futures markets and its functioning.
The experts during the programme imparted in-depth knowledge to the participants about the commodity markets and the importance of commodity exchanges in India. They explained about the technicalities of working of the commodity markets with respect to the products, price discovery, transparency and risk management mechanism in trading and settlement of transactions.
Additionally, they highlighted the role of FMC in regulating and monitoring the functions of commodity exchanges in building confidence of the market participants, and for the growth of Commodities Market in India. They further elaborated on the topics such as the benefits of hedging, role of commodity futures exchanges, and the regulatory perspective. It was a platform to create a better understanding of the commodity futures market among the participants, thereby enabling them to hedge risks, in the face of volatile market conditions.
During the event, Mr. Sunil Misra, Senior Manager-Business Development, MCX, highlighted the benefits of trading on an exchange platform such as MCX. He further explained as to how they can take advantage of the commodity futures market and mitigate their price risks emanating from the volatility associated with the commodity prices, considering the basic aspect of risk management and price discovery — the two critical functions performed by the commodity exchanges.
The market participants were extremely happy with the awareness programme organised by MCX and FMC, thereby giving them an opportunity to understand the importance and benefits of ‘Hedging’.
Comments
Post a Comment