commodity exchange

Noun

Meaning

an exchange for buying and selling commodities for future delivery

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Examples

What his vision of free commodity exchange omits are the constraints that governed the selection of particular commodities, and the political and military sanctions used to ensure the continuation of quiet asymmetrical exchanges that benefited one party while diminishing the assets of another. Eric Wolf

A forensic audit of the Indian Commodity Exchange (ICEX) has highlighted irregularities in the liquidity enhancement scheme (LES) launched by the bourse for diamond, steel and rubber contracts, among others. Source: Internet

Energy commodities were the worst performers with crude oil, the largest component on the iCOMDEX composite index of the Multi Commodity Exchange of India (MCX), settling with a weekly loss of 4.4 per cent. Source: Internet

On the Multi Commodity Exchange, gold contracts for August delivery traded higher by Rs 86, or 0.18 per cent, at Rs 48,330 per 10 gram in a business turnover of 13,630 lots. Source: Internet

On the Multi Commodity Exchange, crude oil for January delivery dropped by Rs 12, or 0.29 per cent, to Rs 4,190 per barrel with a business volume of 27,124 lots. Source: Internet

MCX - Multi Commodity Exchange of India Ltd. published this content on and is solely responsible for the information contained therein. Source: Internet

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