In India’s commodity derivatives market, MCX currently holds a leading 90% market share by offering contracts across , energy, base metals, and agricultural products. As the country’s largest commodity exchange, it stands to benefit directly from regulatory changes impacting the breadth of market participants.
If banks and pension funds decide to enter the space, trading volume may increase significantly, which may enhance MCX’s revenue streams.
The presence of FPIs, if added to non-agricultural commodities, would help expand international participation and global integration of India’s commodity markets.