Multi Commodity Exchange of India (MCX) and National Institute of Securities Markets (NISM) sign MoU to set up Centre for Commodity Markets

Key facts

• MCX and NISM signed a memorandum of understanding (MoU) to set up the MCX-NISM Centre for Commodity Markets.
• The centre will be housed at NISM and will focus on commodity derivatives, hedging, corporate risk management, compliance and market practices.
• The centre will undertake applied research and prepare policy and white papers.
• The centre will support academic initiatives such as faculty development programmes, doctoral fellowships, visiting scholar programmes and academic conferences.
• Training programmes will cover the use of commodity derivatives for risk management, suitability, ethical conduct and compliance for market participants, corporates, investors and academics.
• MCX will provide market expertise for developing course content and assessments, while NISM will provide academic and research infrastructure.