Commodity Data Feed

Commodity Data Feed -MCX

• The Exchange provides information relating to commodities traded on the Exchange, together with the spot prices of such commodities, and other information relating to the commodities traded on the Exchange, collectively known as the "Data feed".

• Market data comes in two forms: Live & Historical. A live market data feed is required for trading. Historical data sets are used for analysis and back-testing. Historical daily closing prices are publicly available for free from a variety of sources (such as Google Finance, Yahoo Finance etc). Most data and trading software vendors can provide historical intraday trade data for a specified time window (e.g. 6 months). 

• Live Intraday trade data can also be accessed on the internet for free, but it is often delayed (20 minutes is standard) to prevent users from trading with it. Non-delayed Live Intraday trade data should be available through any trading software vendor for a modest price. All good trading software vendors will provide live quote and trade data via their user interface. 

• Delayed Datafeed: This feed is provided at a regular interval of 2 minute or 5 minute from Datafeed server of the Exchange. The feed includes all the commodities contracts traded on the Exchange together with the spot prices and all Indices.

• End-of-day (Bhavcopy): This file is generated at the end of each trading day and it contains the end of day Bhavcopy information including day's contract wise Open, High, Low and Closing prices with volumes etc

- Mechanism - 

• Live data are being generated in individual Stock Exchanges as per live trading that is continuously taking place. This data which is being generated by the Exchange is then relayed to the servers located in the data centers which then gets accessible by clients through NSPs (Network Service Providers) which acts as carriers of Exchange information and trading services to its end clients. 

- Medium of Delivery of MCX Datafeed - 

Picture depicts flow of Datafeed from Exchange
through dedicated leased lines 

• Dedicated Leased circuit: Subscriber is required to establish 2 Mbps leased circuit connectivity and arrange their own network equipment for sourcing Real-time Datafeed from the Exchange Data-Center. Subscriber is fully responsible for procurement, commissioning and maintenance of the Leased circuits and they procure from MTNL or other service providers. Data come directly from Exchanges to clients(no intermediaries) with very high speed and higher security. 

• Over Internet: Subscriber who has a problem in commissioning of Leased Line or who is from overseas wants to source Real-time Datafeed from Exchange can avail this facility. Exchange charges minimum additional amount Rs. 50,000/- annually from the vendors for providing this service.

Thank You !