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Friday, March 7, 2014

MCX and NCDEX Differences, Similarities & Products with High Liquidity:

  • Differences between mcx and ncdex.
  • Similarities between mcx and ncdex.
  • Products which has more liquidity (See information serial no.3) so that you can trade.
Commodities that are present in Serial No.3 are very hot, popular and have more liquidity and most of the commodity research agencies provide MCX/NCDEX tips on those commodities Trade on those commodities after discussing with your commodity broker, commodity tipping agencies. Some times, you may wish to trade on a particular commodity and you may not be able to add/see that commodity on your trading screen. Contact your commodity broker and ask about the exact reason.
Note: Normal trading session is between 10.00 am to 5.00 pm and the evening session is between 5.00 pm to 11.30 /11.55 pm. USA trading is between Monday and Friday and based on USA trading hours, MCX/NCDEX trading time ends either at 11.30 pm or at 11.55 pm.
For each holiday, we have mentioned Closed, Open, and NA for each trading holiday.
Example: Serial No.5: (Trading Holidays)
      9. 10th September Friday Ramzan ID (IDU'L Fitr) Closed Open
      Closed means MCX/NCDEX is closed in the normal session; Open means it is open in the evening session.

Sl.No Description MCX NCDEX
1 Commodities Traded Aluminium, ATF, Barley, Cardamom, CER, CFI, Chanadel, Copper, Coriander, CPO, Crudeoil, Flakementh, Gasoline, Gold, Goldguinea, GoldM, Guarseed, Heatingoil, Kapas, Kapaskhali, Lead, LeadMini, Maize, Menthaoil, Naturalgas, Nickel, Platinum, Potato, Refsoyoil, Rubber, Silver, SilverM, Soyabean, Steelgzb, TCoal, Tin, Turmeric, Wheat, Zinc, ZincMini Aluminium_New, Almond, Barley, Brent_Crude_Oil, Castor Seed New, Chana, Red_Chilli, Thermal Coal, Cotton Seed Oil Cake, Akola, Copper, Indian Cotton 28.5Mm, Crude_Palm_Oil, Crude Oil, Coriander, Guar_Gum, Guar_Seed, Gasoline, Gold_Ahmedabad, Gold_International, Gold 100 Grams Ahmedabad, Gur_New, Heatingoil, Jeera, Kachhi Ghani Mustard Oil, Kapas, Lead, Maize Industrial, Maize, Mentha Oil, Naturalgas, Nickel_New, Platinum, Potato, Pepper, Rubber_New, Rape_Mustard_Seed, Silver 5 Kgs Ahmedabad, Silver Ahmedabad, Silver_International, New_Steel_Long, Soyabean, Soya_Oil, Turmeric, Wheat, Zinc_New
2 Total Number of Commodities 40 59 (comprising 39 agricultural commodities, 5 base metals, 6 precious metals, 4 energy, 3 polymers, 1 ferrous metal, and CER.) The top 5 commodities, in terms of volume traded at the Exchange, were Rape/Mustard Seed, Gaur Seed, Soyabean Seeds, Turmeric and Jeera.
3 Popular, Liquidity Commodities to Trade Gold, Silver, Aluminium, Lead, Zinc, Copper, Nickel, Natural Gas, Crude Oil, GoldM, SilverM, LeadMini, ZincMini, Mentha Oil CastorSeed, Chana, GarGum, GarSeed, GUR, Jeera, Pepper, Rape Mustard Seed, Steel Long, Soya Bean, Redefined Soya Oil, Turmeric, Cotton Seed Oil Cake.
4 Trading Hours (Time Zone: IST) Mondays through Fridays is 10:00 a.m. to 11:30 p.m. On Saturdays it is 10:00 a.m. to 02:00 p.m. For some products, trading hours is different. (Time Zone: IST) Mondays through Fridays is 10:00 a.m. to 11:30 p.m. On Saturdays it is 10:00 a.m. to 02:00 p.m. For some products, trading hours is different.
5 Trading Holidays for 2010
  1. 1st January Friday New Year Open Closed
  2. 26th January Tuesday Republic day Closed Closed
  3. 12th February Friday Mahashivratri Closed Open
  4. 1st March Monday Holi Closed Open
  5. 2nd April Friday Good Friday Closed Closed
  6. 14th April Wednesday Dr. Ambedkar Jayanti Closed Open
  7. 1st May Saturday Maharashtra Day (Labor�s Day) Closed NA
  8. 27th May Thursday Buddha Purnima Closed Open
  9. 10th September Friday Ramzan Id (Idu�L Fitr) Closed Open
  10. 11th September Saturday Ganesh Chaturthi Closed NA
  11. 2nd October Saturday Gandhi Jayanti Closed NA
  12. 5th November Friday Diwali Laxmi Pujan Closed Open
  13. 17th November Wednesday Idu�L Zuha (Bakrid) Closed Open
  14. 25th December Saturday Christmas Closed NA
Same as MCX
6 Shareholders Promoted by FTIL, MCX enjoys the confidence of blue chips in the Indian and international financial sectors. MCX's broad-based strategic equity partners include NYSE Euronext, State Bank of India and its associates (SBI), National Bank for Agriculture and Rural Development (NABARD), National Stock Exchange of India Ltd (NSE), SBI Life Insurance Co Ltd, Bank of India (BOI) , Bank of Baroda (BOB), Union Bank of India, Corporation Bank, Canara Bank, HDFC Bank, Fid Fund (Mauritius) Ltd. - an affiliate of Fidelity International, ICICI Ventures, IL&FS, Kotak Group, Citi Group and Merrill Lynch Promoter Shareholders: ICICI Bank Limited (ICICI)*, Life Insurance Corporation of India (LIC), National Bank for Agriculture and Rural Development (NABARD) and National Stock Exchange of India Limited (NSE).
Other shareholders: Canara Bank, Punjab National Bank (PNB), CRISIL Limited, Indian Farmers Fertilizer Cooperative Limited (IFFCO), Goldman Sachs, Intercontinental Exchange (ICE) and Shree Renuka Sugars Limited.
7 Headquarters Mumbai Mumbai
8 Commencement of Operations Nov 03 December 15, 2003
9 Market Share As per their site (www.mcxindia.com), 80% of Indian commodity Market)  






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