MCX, set up in 2003 and run from Exchange Square in Andheri East, is India’s largest commodity derivatives exchange, trading gold, silver, crude oil, natural gas, copper and other metals. It is the only listed commodity exchange in the country.
The gold and silver prices quoted in Zaveri Bazaar and across India are read off the MCX screen.
| Name | Multi Commodity Exchange of India Limited |
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| Where in Mumbai | Lower Parel, Mumbai |
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| What they do | Commodity exchange |
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| Since | 2003 |
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Stock exchange
BSE is Asia’s oldest stock exchange, begun in 1875 as the Native Share and Stock Brokers’ Association under a banyan tree near Horniman Circle, and housed since 1980 in the 29-storey Phiroze Jeejeebhoy Towers on Dalal St
Stock exchange
NSE was set up in 1992 at the Government’s instance to bring screen-based trading to India and began operations in 1994 from Exchange Plaza in Bandra Kurla Complex.
Commodity exchange
NCDEX, set up in 2003 with its office in Bandra Kurla Complex, is the exchange for agricultural commodities — guar, chana, jeera, castor seed, cotton and the like — and the price reference for India’s farm markets.
Broking
Anand Rathi, founded in 1994 by Anand Rathi, is a Mumbai financial group with broking, commodity and currency broking, wealth management (listed as Anand Rathi Wealth) and investment banking, headquartered at Express Zon
Broking
Nirmal Bang, founded in 1986, is a Mumbai broking house at Marathon Futurex, Lower Parel, in equity, commodity and currency broking with a large franchisee network.
Broking and financial services
Choice International, founded in 1993 and listed on the exchanges, is a Mumbai financial group headquartered at Sunil Patodia Tower, Andheri East, with broking, commodity and currency broking, wealth and advisory arms.
Regulator
SEBI is the regulator of the securities market, set up in 1988 and given statutory powers in 1992; its head office is SEBI Bhavan in Bandra Kurla Complex.
Depository
CDSL, promoted by BSE in 1999 and listed since 2017, is the larger of India’s two securities depositories by number of accounts, holding investors’ shares in electronic form; its head office is Marathon Futurex in Lower
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