MCX has introduced monthly Options contracts on the MCX ICOMDEX Bullion Index (MCX BULLDEX®), effective October 27, 2025. MCX BULLDEX® comprises the highly popular and liquid MCX Gold and Silver Futures contracts. This empowers market participants with a risk management tool, combining the benefits of diversified assets with the flexibility of Options trading. Covering both Gold and Silver, it offers a balanced exposure to market participants.
Options on Bullion Index Launched
Multi Commodity Exchange of India Ltd. (MCX) announced the launch of monthly Options contracts on the MCX ICOMDEX Bullion Index (MCX BULLDEX®) effective October 27, 2025.
About MCX BULLDEX®
MCX BULLDEX® represents the precious metals segment, constituted of the highly popular and liquid MCX Gold and Silver Futures contracts. The Options contracts on this index will empower market participants with a risk management tool, combining the benefits of diversified underlying assets with the flexibility of Options trading. Covering both Gold and Silver, it offers a balanced exposure to market participants in a convenient and cost-effective manner that would meet both investment and hedging requirements.
Strategic Alignment
Options on MCX BULLDEX® aligns with MCX’s commitment to deepen India’s commodity markets through product innovation, enhanced transparency, and investor-friendly offerings. Options on indices are highly popular as an investment tool, and Options on a sectoral index like MCX BULLDEX® is considered ideal for sectoral price risk management.
Management Perspective
Ms. Praveena Rai, MD & CEO, MCX, said: “The introduction of Options on MCX BULLDEX®, marks a pivotal development in India’s commodities ecosystem. This is a unique and innovative product which will enhance the range of products in the commodity derivatives ecosystem and assist market participants to take exposure to a basket of commodities in the bullion segment.”
About MCX
MCX has a market share of about 98% in terms of the value of commodity futures contracts traded in financial year 2024-25. With pan-Indian presence, MCX serves as a platform for the Indian commodity market ecosystem, offering advantages of price discovery and risk management. It offers trading in a diverse range of commodities and commodity indices.
Source: BSE
