METLDEX will be the first tradable real-time base metals index in the country: MCX

METLDEX will be the first tradable real-time base metals index in the country: MCX

Mumbai: METLDEX, MCX’s first base metals futures index, which will go live on Monday, is expected to change the way prices are discovered, as the indices will be traded on domestic prices in real time. As of now, domestic metal prices are dependent on London Metal Exchange (LME) prices, which has deterred real-time price discovery. […]

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