MCX Real Time Data

What is Real Time Data?

• Before going into MCX Real Time Data, we have to understand the term Real Time Data. By Real Time Data, we mean the truly accurate, live and timely data of the stock market( Equity, Commodity, Currency, Options) movements that are fed in different charting platforms like Amibroker, Metastock, Metatrader etc. Real time data for stock charts is extremely essential for Share Market Traders, Brokers and Analysts. 

What is MCX Real Time Data? 

The Chart depicts Real Time Data Feed in Charting Software

• This data is delivered by Multi Commodity  Exchange of India. It is considered as the most popular commodity live data in India. It comprises data's of many Commodities like Agricultural, Precious metals, Energy, Metals, Bullion etc. It can also be traded through Online Trading. 

Commodities Live Rates- 

MCX deals in the trading of 40 commodities which include bullions, metals, energy, fiber, spices and more. and NCDEX offers 34 commodities of which 23 are agri-based and the rest include precious metals and others. Detailed category list of commodities under MCX & NCDEX are as follows- 

MCX -  

• Bullion - Gold, Gold Guinea, Gold Mini, Gold Petal, Silver, Silver M, Silver Micro, Siver 1000, Platinum
• Energy - Crude Oil, Brent Crude Oil. ATF, Natural Gas, Gasoline, Heating Oil, Imported Thermal Coal, 
• Fiber -  Cotton, Kapas
• Metals - Nickel( Nickel Mini), Aluminium, Aluminium Mini(Alumini), Copper, Copper Mini, Lead, Lead Mini, Tin, Zinc, Zinc Mini
• Oil & Oil Seeds -  Crude Palm Oil, Kapasia Khalli, Soya Bean, Refined Soya Oil
• Cereals - Wheat, Barley, Maize
• Spices - Cardamom, Coriander
• Weather -  Carbon(CER), Carbon(CFR)
• Plantations - Rubber
• Others -  Potato, Menthaoil, Guar Gum, Guar Seed, Potato, Sugar M, Almond, 

NCDEX -  

Agri-Products -  

• Cereals - Barley, Wheat, Maize Kharif, Maize Rabi
• Fiber - Kapas
• Oil & Oil Seeds - Castor Seed, Cotton Seed Oilcake, Rape Mustard Seed, Soy Bean, Soy Oil- Refined, Soy Bean Meal, RBD Palmolein, Cotton Seed Crude Palm Oil
• Pulses - Chana
• Spices - Coriander, Jeera, Turmeric, Pepper, Chilli
• Plantation Products - Rubber
• Guar Complex - Guargum, Guarseed
• Soft - Gur, Sugar

Non-Agri Products -

• Precious Metals - Gold Hedge, Gold Hedge 100, Silver Hedge
• Metals - Steel, Copper
• Energy - Crude Oil, Brent Crude Oil
• Others - Polyvinyl Chloride

MCX-SX (MCX Currency) 

• MCX Stock Exchange Limited (MCX-SX) is recognized by Securities and Exchange Board of India (SEBI) under Section 4 of Securities Contracts (Regulation) Act, 1956. The Exchange was notified a “recognized stock exchange” under Section 2(39) of the Companies Act, 1956 by Ministry of Corporate Affairs, Govt. of India, on December 21, 2012. Shareholders of the Exchange include India’s top public sector banks, private sector banks and domestic financial institutions.

• MCX-SX is majority owned (51%) by MCX (Multi Commodity Exchange) and is meant to provide low cost, high speed, platform to facilitate the trading of exchange traded currency derivatives while removing counter party risk. 

Conclusion - 

Commodity is the mostly used trading in Indian market. Commodity is a good source of income in India. Many Indians totally depends on Commodity prices for their living. By MCX Trading you can get more profit but their are chances of loss also. The chances of loss is very small if we do trading by mind you will get surely success. Luck is also responsible here, So Mostly people do the trading on MCX. Generally everyone who is doing trading depends on a company software which works on the windows only with laptop. It means that you always need laptop with you to stay updated with prices of MCX. With the increase in smartphones different companies launched their android apps to stay updated with the prices, but all apps have a time lag of 20 minutes means the prices on android apps are 20 minutes old than exact live rates. So, the main point is to choose the Right Real Time Data Service Provider with extreme caution so that we can extract maximum out of it. 

Always remember –“You cannot use yesterday’s ideas for today’s business and expect to be in business tomorrow”. Be ready to accept and implement change immediately and constantly as “Change” is the only factor that’s constant in the world – everything else keeps changing and its meaning is all the more true in these highly volatile and ever-changing market scenarios.

Thank You!