MCX Live Rates now available with latest updates
Written by san jose
MCX Stock Exchange (MCX-SX) said it will launch live trading in Currency Options in dollar-rupee pair from Aug. 10, 2012. You can just obtain the MCX Live Rates with the help of our expertise sitting with us.
"MCX-SX will commence live trading in Currency Options from Friday, August 10, 2012," it said in a statement.
The move comes after MCX-SX received approvals from market regulator Securities and Exchange Board of India (SEBI) and the Reserve Bank of India.
The exchange would expand its offerings in the Currency Derivatives Segment (CDS) by introducing Currency Options in the Dollar-Indian Rupee (USD-INR) currency pair.
The exchange had completed four successful mock trading sessions from August 4 to August 8.
Currency Options are contracts that grant the buyer of the option the right, but not the obligation, to buy or sell the underlying currency at a specified exchange rate during a specified period.
For this right, the buyer pays premium to the seller of the option. Currency futures contracts in US Dollar-Indian Rupee, Euro-Indian Rupee, Japanese Yen-Indian Rupee and British Pound-Indian Rupee pairs are already traded on MCX-SX.
The contracts would settle on RBI reference rates. The market timings would be from 0900 hrs to 1700 hrs from Monday to Friday.
MCX-SX, whose application for a full-fledged stock exchange was approved by SEBI last month, currently offers trading in only currency futures.
It has witnessed a steady and significant growth in currency futures turnover and open interest and continued to maintain its leadership in currency futures with a market share of 43.57% in the last fiscal (FY11-12).
The average daily turnover has increased from Rs 324.78 crore during its first month of operations to Rs 13,530.47 crore at the end of July 2012. MCX Live Rates are the right choices for you. Make your big deals with us soon here.
The MCX-SX currency futures platform is supported by a strong membership base of 751 members and witnesses nationwide participation from 714 towns and cities across India, the exchange said.
The Exchange is used by SMEs, treasury of large corporates (importers and exporters), banks, institutions and individuals involved in forex transactions, among others.
Options would help in transparent price discovery, effective risk management, hedging, trading and creating competitive business environment and cost-effective protection from fluctuation in the forex rates, experts said.
MCX-SX launched currency futures trading in USD-INR contracts in October, 2008, while it launched trading in three new currency pairs in January, 2010.
Article author
About the Author
Further reading
Further Reading
Website
ViitorX The Rise of Immersive Experience Centres
ViitorX is a digital experience and immersive technology studio based in Ahmedabad, India. We design and engineer immersive experience centres, interactive environments, and digital storytelling systems for museums, events, enterprises, and cultural institutions.
September 3, 2026
Article
The Call Center's Evolving Role: Orchestrating Returns, Fulfillment, and Total CX
Introduction There was a time when the call center was seen as a place where phones rang endlessly and agents simply answered questions. That picture has changed dramatically. Today the modern call center sits at the center of customer experience, quietly coordinating returns, managing fulfillment concerns, and shaping how customers feel about every interaction with a brand. Instead of reacting to problems, teams now guide customers through complex journeys. Their role has gr
February 6, 2026
Article
PAX A30 Review 2026: Is It the Best Android POS Terminal?
Choosing the right POS terminal is more important now than ever. With customer expectations rising and payment methods changing quickly, businesses need a device that works fast, stays secure, and handles different payment types. The PAX A30 is a popular Android POS terminal that has gained attention for its modern design and strong features. In this review, we look at how well it performs in real life, what makes it stand out, and whether it can truly be called the best Andr
January 17, 2026
Article
Reliable Temperature Monitoring Solutions Enhancing Drug Safety and Freezer Storage Compliance by TempGenius
Healthcare organizations face increasing pressure to safeguard medications, vaccines, and biological samples while meeting strict regulatory standards. Even minor temperature fluctuations can compromise drug efficacy, lead to costly waste, or create compliance concerns. As a result, many facilities are turning to advanced Drug Monitoring technologies that provide continuous visibility into storage conditions without relying on manual checks. TempGenius delivers monitoring sol
January 12, 2026