Commodity trading: MCX gears up for Union Budget 2025 with a special trading session
Through this special trading session, market participants can benefit from real-time risk management and hedging opportunities.
The Multi Commodity Exchange of India Ltd. (MCX), the country's premier exchange for commodity derivatives, has announced a special live trading session on Saturday, February 1, 2025, to coincide with the presentation of the Union Budget.
This initiative aims to provide market participants with uninterrupted access to trading, allowing them to manage risks and hedge their positions in real-time.
MCX Trading Schedule on Budget Day
In response to the high market activity anticipated on Budget Day, MCX has scheduled normal trading hours from 9:00 a.m. to 5:00 p.m. This ensures that traders and investors can react promptly to budget announcements and navigate market fluctuations effectively.
For detailed trading and settlement guidelines, participants can refer to MCX circular no. MCX/TRD/841/2024, dated December 24, 2024, and MCXCCL circular no. MCXCCL/C&S/327/2024, dated December 30, 2024.
Why This Matters for Commodity Market Investors
The Union Budget is a key financial event that significantly impacts various sectors, including commodities. Policy announcements related to taxation, subsidies, and economic reforms often lead to heightened market volatility.
By keeping the trading platform open on this crucial day, MCX enables traders to respond to policy changes without delay, helping them safeguard their portfolios against sudden price movements.
MCX: Leading the Way in Commodity Trading
Since its inception on November 10, 2003, MCX has established itself as India’s leading commodity derivatives exchange, commanding approximately 98 per cent market share in terms of the total value of commodity futures traded in FY 2024-25 (April 2024 – December 2024).
With a strong pan-India presence, MCX offers a comprehensive platform for trading across multiple commodity segments, including bullion, energy, metals, agri commodities, and sectoral indices. The exchange has also forged strategic alliances with global exchanges and trade associations to enhance market accessibility and efficiency.
Looking Ahead
As market dynamics continue to evolve, MCX remains committed to fostering transparency, fair price discovery, and efficient risk management for traders and investors. The decision to operate on Budget Day emphasises its proactive approach to catering to the needs of the commodity market ecosystem.
For more information and updates, visit the official MCX website or refer to the latest exchange circulars.
Disclaimer: The article is for informational purposes only and not investment advice.