MCX Launches Options on Bullion Index MCX BULLDEX from Oct 27
Filing Summary
The Multi Commodity Exchange of India Ltd. (MCX) has launched monthly Options contracts on its iCOMDEX Bullion Index (MCX BULLDEX®), effective October 27, 2025. The index represents gold and silver futures traded on MCX, offering balanced exposure to the bullion segment. The new product enhances the range of risk management tools available to investors and institutions. MCX BULLDEX® conforms to IOSCO benchmark principles and marks a step towards expanding India’s commodity derivatives market through innovation and broader product offerings.
The Multi Commodity Exchange of India Ltd. (MCX) has announced the launch of monthly Options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX®), effective October 27, 2025. The new derivative product expands MCX’s offerings in the commodities segment and provides participants with an additional tool for price risk management in the bullion market.
MCX BULLDEX® represents the performance of India’s bullion segment, comprising highly traded and liquid gold and silver futures contracts listed on the exchange. The newly launched Options contracts will allow investors and institutions to hedge or take exposure to the bullion basket efficiently, combining the benefits of multiple underlying assets within a single instrument.
The introduction of Options on MCX BULLDEX® aligns with the exchange’s efforts to enhance product diversity and deepen participation in India’s commodity derivatives market. The product is structured to offer balanced exposure to gold and silver, catering to both investment and hedging needs. The BULLDEX® index adheres to the International Organisation of Securities Commissions (IOSCO) Principles for Financial Benchmarks (July 2013) in terms of computation and governance standards.
According to the exchange, the launch reinforces MCX’s role in strengthening India’s commodities ecosystem through market innovation and regulatory compliance. Options on sectoral indices like BULLDEX® are widely used globally for price risk management, enabling investors to manage volatility across related commodities rather than through individual futures contracts.
MCX BULLDEX® Options are expected to provide a cost-effective and flexible trading instrument, facilitating both speculative and risk mitigation strategies for bullion market participants.
About Multi Commodity Exchange of India Ltd. (MCX)
The Multi Commodity Exchange of India Ltd. (MCX) is India’s leading commodity derivatives exchange and the largest commodity options exchange globally. Established in 2003, MCX accounts for nearly 98% of the total commodity futures turnover in India during FY 2024–25. The exchange provides a nationwide electronic trading platform offering contracts across bullion, base metals, energy, agricultural commodities, and commodity indices. MCX operates under a robust regulatory framework and maintains strategic partnerships with international exchanges and trade associations to promote transparency and efficient price discovery in the commodity market.