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Wednesday, June 6, 2018

What is Bitcoin?

  • What is Bitcoin?
Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite its not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins




Tuesday, May 29, 2018

Today Lme Inventory Update :

Today Lme Inventory Update : Mcx Star

Date : 29 - 05 - 2018

ALUMINIUM  -3600 COPPER  +1300  LEAD +100  NICKEL  -1512 TIN  -185  ZINC -175

A commodities exchange in London, England, that deals in metal futures. LME Stands for London Metal Exchange. Contracts on the exchange include aluminum, copper and zinc. Trading can be done in three main ways: through open outcry, a telephone system between member companies or the LME Select, an electronic trading platform. The LME is a non-ferrous exchange, which means that iron and steel are not traded on the exchange.

Monday, February 5, 2018

Mcx Holidays For The Calendar Year 2018-19

Mcx Holidays For The Calendar Year 2018-19

MCX Market Holiday 2018, Commodity market 2018 time tablet, Holiday in mcx commodities markets.


India Commodity Market Timings (MCX Trading Time / NCDEX Trading Hours)
Trading in commodity market takes place on all days of the week (except Saturdays and Sundays and holidays declared by the Exchange in advance). Please note that market trading hours may change. Please visit MCX / NCDEX website for more detail. Current market timings of the commodity segment in India are:

MCX Timings 2018 (MCX Trading Time)

  • MCX Timings: Monday to Friday 10:00 AM to 11:30 PM or 11:55 PM*
  • Morning Session Timing: 10:00 AM - 5:00 PM
  • Evening Session Timing: 5:00 PM - 11:30 PM or 11:55 PM*
* The evening session trading timings are being revised twice a year in order to comply with the US daylight saving timings. Usually summer the closing time is 11:30 PM and in Winter its 11:55 PM.
** Agri-commodities are available for futures trading up to 5:00 p.m. whereas other commodities such as Bullions, Metals and Energy products are available up to 11:30 pm / 11.55 PM and International referenceable Agri-commodities are available up to 09:00 pm / 09.30 PM
  • Check if MCX closed today?
  • What are MCX holiday hours?
  • MCX Market holidays for year 2018.

Trading Holiday 2018 MCX / Trading Holiday NCDEX 2018


Multi Commodity Exchange (MCX) and National Commodity & Derivatives Exchange (NCDEX) of India remain close for trading on following days:

Wednesday, August 9, 2017

Today Lme Inventory

MCX to use LME prices for futures settlement.

London Metal Exchange (LME) has signed a licensing agreement with the Multi Commodity Exchange of India (MCX), according to which MCX would use the current prevailing prices on the LME for settling future contracts.
The agreement, signed for three years now, would be renewed depending upon the response from Indian traders.
Under this agreement MCX would flag off future contracts for aluminium, tin and nickel in small lots sizes of 1 metric tonne and would probably expand its wings to other metals in future.
Pricing of these commodities would be quoted in rupee term. “This is the first time LME has signed any such agreement outside United Kingdom and LME is confident of its overwhelming response from Indian traders,” said Simon Heale, chief executive, LME.

Thursday, May 11, 2017

Today LME Inventory : Aluminium -5775 Copper -2475 Lead -650 Nickel +456 Tin +0 Zinc +475

Today LME Inventory : Aluminium -5775  Copper -2475  Lead -650  Nickel +456 Tin +0 Zinc +475