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Home» Economy» Market» Mcx and fmc to organise programme on commodity markets

MCX and FMC to organise programme on commodity markets

GGN Team | August 07, 2012, 05:19 PM IST
mcx and fmc to organise programme on commodity markets

Tarapur : Multi Commodity Exchange of India Ltd (MCX), Forward Markets Commission (FMC) and Tarapur Industrial Manufacturers Association (TIMA) are jointly organising an awareness programme on commodity markets, focused on ‘Energy Price Risk Management’. The programme will commence on Thursday, August 9 at TIMA Conference Room, Tarapur.

The programme aims to educate participants on the concept of commodity futures trading and how different industries, marketers and corporates can benefit by trading on a commodity futures platform such as that of MCX.

The experts addressing the forum will enlighten the participants on the benefits of hedging, managing energy price risks and price discovery mechanism offered by commodity exchanges. The interactive programme will focus on fundamentals of commodity trading, hedging techniques, trading strategies, among others.

Mr. Sumesh Parasrampuria, Director-Business Development, MCX said, “MCX strives to bridge the gap between the local commodity economy and modern globalised commodity markets through awareness programmes. Such programmes on commodity futures trading encourage more and more participants from the varied industries and sectors to use the commodity futures market for price discovery and hedging their risks.”

Mr. D.K. Raut, President, TIMA said, “This informative seminar will help our industrial association members and marketers in understanding the concept of futures trading and how they can mitigate risks associated with high volatility in crude oil prices and other energy commodities, and develop their physical market business by using the MCX platform.”


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