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ET Markets

MCX commodity indices launched; option contracts in 2 wks

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Multi Commodity Exchange (MCX) today announced the launch of its commodity index series - iCOMDEX, that will track the performance of commodities listed on the bourse. Speaking to ET Now on the sidelines of launch, MCX MD and CEO Mrugank Paranjape says the RBI allowing bank subsidiaries to operate as brokers for the commodity exchange will change the market dynamics.

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