Manila Commodity Exchange

Last updated
Manila Commodity Exchange
Type Private Limited
Industry Financial Services
HeadquartersFirst Trade Center, Ayala Avenue, 1202 Makati, Philippines
ProductsFutures and options contracts on precious metals, base metals, energy, agriculture commodities, currencies

Manila Commodity Exchange/Makati Commodity Exchange (MCX) is a commodity and derivatives exchange located in Ayala Avenue, Makati, Philippines. MCX currently has 84 registered members throughout the Philippines. MCX provides a platform for trading of commodities, futures contracts and options contracts on various base metals, agriculture commodities, energy, and currencies. The monthly volume on all contracts is around US$12.6 million. Defunct 20 years ago.

Related Research Articles

<span class="mw-page-title-main">Metro Manila</span> Metropolitan area and region of the Philippines

Metropolitan Manila, officially the National Capital Region, is the seat of government and one of three defined metropolitan areas in the Philippines. It is composed of 16 highly urbanized cities: the city of Manila, Quezon City, Caloocan, Las Piñas, Makati, Malabon, Mandaluyong, Marikina, Muntinlupa, Navotas, Parañaque, Pasay, Pasig, San Juan, Taguig, and Valenzuela, as well as the municipality of Pateros. The region encompasses an area of 619.57 square kilometers (239.22 sq mi) and a population of 13,484,462 as of 2020.  It is the second most populous and the most densely populated region of the Philippines. It is also the 9th most populous metropolitan area in Asia and the 5th most populous urban area in the world.

<span class="mw-page-title-main">Makati</span> City in Metro Manila, Philippines

Makati, officially the City of Makati, is a 1st class highly urbanized city in the National Capital Region of the Philippines.

<span class="mw-page-title-main">Philippine Stock Exchange</span> National stock exchange of the Philippines

The Philippine Stock Exchange, Inc. is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927.

<span class="mw-page-title-main">Bonifacio Global City</span> Central business district in National Capital Region, Philippines

Bonifacio Global City is a financial and lifestyle district in Taguig, Metro Manila, Philippines. It is located 11 km (6.8 mi) southeast of the city of Manila. The district experienced commercial growth following the sale of a 440-hectare military base at Fort Bonifacio by the Bases Conversion and Development Authority (BCDA). The entire district used to be the part of the main Philippine Army camp.

<span class="mw-page-title-main">Ayala station</span>

Ayala station is an underground Manila Metro Rail Transit (MRT) station situated on Line 3. It is one of two underground stations that can be found on the line, the other being Buendia. The station is located in Makati and is named so due to its proximity to two places bearing the Ayala name: Ayala Center and Ayala Avenue.

<span class="mw-page-title-main">Ayala Avenue</span> Major avenue in the National Capitol Region of the Philippines

Ayala Avenue is a major thoroughfare in Makati, Philippines. It is one of the busiest roads in Metro Manila, crossing through the heart of the Makati Central Business District. Because of the many businesses located along the avenue, Ayala Avenue is nicknamed the "Wall Street of the Philippines" and dubbed in the 1970s and 1980s as the "Madison Avenue of the Philippines". It is also a major link between Epifanio de los Santos Avenue (EDSA) and Metropolitan Avenue. Part of Ayala Avenue from Metropolitan Avenue to Gil Puyat Avenue, known as the Ayala Avenue Extension, also forms part of Circumferential Road 3.

MCX may refer to:

<span class="mw-page-title-main">Multi Commodity Exchange</span> Commodity exchange located in Mumbai, India

Multi Commodity Exchange of India Ltd (MCX) is a India’s first recognised commodity exchange which is owned by the Government of India under Ministry of Finance. MCX is regulated bySecurities Exchange Board of India (SEBI), which is the securities market regulator in India since 28th September 2015. Prior to being regulated by SEBI, MCX was regulated by the Forward Markets Commission (FMC), which merged with SEBI on 28th September 2015. MCX, being Government metals and commodity exchange is highly trusted and top-rated exchange in India because of its Transparency, Extreme Liquidity, Quality Maintenance, Profits and above all, its high end security system that has been designed to protect the investments of investors made in MCX.

<span class="mw-page-title-main">Manila Peninsula siege</span> 2007 standoff in Makati, Philippines

The Manila Peninsula siege occurred on November 29, 2007, at The Peninsula Manila hotel in Makati, Philippines. Senator Antonio Trillanes IV, Brigadier General Danilo Lim, and 25 other Magdalo Group officers walked out of their trial for the 2003 Oakwood mutiny coup attempt and marched through the streets of Makati. The mutineers called for the ousting of President Gloria Macapagal Arroyo, and seized the Rizal function room on the second floor of the Manila Peninsula Hotel along Ayala Avenue. Former Vice-President Teofisto Guingona, Jr. as well as some of the soldiers from the Armed Forces of the Philippines joined the march to the hotel.

63 Moons Technologies Limited, formerly Financial Technologies (India) Limited until 2016, is an Indian company which provides technology ventures, financial platforms and solutions for creating digital markets and marketplaces. It is headquartered in Mumbai, Maharashtra, and has its registered office in Chennai, Tamil Nadu. It was formed in 1988 and funded by Jignesh Shah. The company offers technology intellectual property to create and trade on financial markets. The company commenced operations with the development of technology products for connecting financial markets. It had its first IPO in 1995. The company introduced its first commodity derivatives trading platform, the Multi Commodity Exchange (MCX) in 2003. It established similar exchanges in India and elsewhere. FTIL has divested of its domestic and international ventures.

<span class="mw-page-title-main">InterContinental Manila</span> Hotel in Makati, Philippines

InterContinental Manila was a five-star InterContinental hotel located on Ayala Avenue in Makati, Metro Manila, Philippines. At the time of its closure, it is the longest operating international chain hotel in the Philippines. It was designed by National Artist Leandro Locsin.

DMCI Homes, Inc. is the real estate arm of DMCI Holdings through its wholly owned subsidiary DMCI Project Developers, Inc. (PDI). It was incorporated and registered with the Securities and Exchange Commission (SEC) on April 27, 1995. It ranked #146 in the Business World Top 1000 Corporations for 2014.

<span class="mw-page-title-main">Gil Puyat Avenue</span>

Senator Gil J. Puyat Avenue, also known simply as Gil Puyat Avenue and formerly and still referred to as Buendia Avenue, is a major arterial thoroughfare which travels east–west through the cities of Makati and Pasay in western Metro Manila, Philippines. It is one of the busiest avenues in Metro Manila linking the Makati Central Business District with the rest of the metropolis.

NSEL case relates to a payment default at the National Spot Exchange Limited that occurred in 2013 involving Financial Technologies India Ltd, when a payment default took place after a commodities market regulator, the Forward Markets Commission (FMC), directed NSEL to stop launching contracts. This led to the closure of the Exchange in July 2013.

<span class="mw-page-title-main">Makati Central Business District</span> Central Business District in National Capital Region, Philippines

The Makati Central Business District, is a financial and central business district in the Philippines located in the heart of Makati in Metro Manila. It is politically known as "Central Cluster" in the West District of Makati. It is different from the Makati civic center known as "Makati Poblacion" which is situated at the northeast portion of the district. It is bounded by EDSA, Gil Puyat Avenue, Arnaiz Avenue, and Chino Roces Avenue. The whole district occupies barangays of San Antonio, San Lorenzo, Bel-Air, and Urdaneta.

<span class="mw-page-title-main">Outline of Metro Manila</span> Overview of and topical guide to Metro Manila

The following outline is provided as an overview of and topical guide to Metro Manila:

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. Providing Demat and Trading services. Its main offices are in Mumbai. The company employs over 2,100 people.

<span class="mw-page-title-main">Fort Bonifacio (barangay)</span> Barangay in National Capital Region, Philippines

Fort Bonifacio is one of the 28 barangays of Taguig, Metro Manila, Philippines. The financial district of Bonifacio Global City, the Fort Bonifacio military camp and the Manila American Cemetery are under the jurisdiction of the barangay.

Finvasia is an Indian fintech company headquartered in Mohali, Punjab. The organization has expanded its hands into healthcare services by acquiring Ginihealth and into retail FX space by acquiring major investment platform Zulu Trade where the existing CEO of Finvasia Tajinder Virk became Zulu's interim chief.