MCX signs MoU with Zhengzhou Comm Exchange

Multi Commodity Exchange of India (MCX), a subsidiary of Financial Technologies, and China-based Zhengzhou Commodity Exchange (ZCE) signed a memorandum of understanding (MoU) to explore areas of co-operation.

ZCE offers commodity futures contracts in wheat, cotton & white sugar.


According to a release issued by Financial Technologies to the BSE today, the exchanges will work together to develop areas of co-operation and business opportunities with the goal of assisting and benefiting underlying producers, end-users, and investors in commonly traded products.