1. Build your Credit Score
2. Reduce your Current Borrowing / EMI Costs
MCX is an acronym of Multi-commodity Exchange of India Limited. It is the first registered exchange in India. MCX provides a platform for online trading, settlement, risk control and clearing of commodity derivative trades.
MCX operates all five weekdays and remains closed on all weekends. Additionally, there are a few other MCX holidays that are pre-announced. The following are the MCX holidays in 2021:
New Year's Day |
Friday |
1 January 2021 Evening off |
Republic Day |
Tuesday |
26 January 2021 |
Maha Shivaratri |
Thursday |
11 March 2021 Morning off |
Holi |
Monday |
29 March 2021 Morning off |
Good Friday |
Friday |
2 April 2021 |
Dr.Baba Saheb Ambedkar Jayanti |
Wednesday |
14 April 2021 |
Ram Navami |
Wednesday |
21 April 2021 |
Mahavir Jayanti |
Sunday |
25 April 2021 Morning off |
Maharashtra Day |
Saturday |
1 May 2021 Morning off |
Id-ul-Fitr (Ramzan ID) |
Thursday |
13 May 2021 |
Bakri Id / Eid ul-Adha |
Tuesday |
20 July 2021 Morning off |
Ganesh Chaturthi |
Friday |
10 September 2021 Morning off |
Mathatma Gandhi Jayanti |
Saturday |
2 October 2021 |
Dasara |
Friday |
15 October 2021 Morning off |
Diwali-Laxmi Puja |
Wednesday |
20 October 2021 Morning off |
Diwali-Balipratipada |
Thursday |
4 November 2021 Morning off |
Guru Nanak Jayanti |
Friday |
19 November 2021 Morning off |
Christmas |
Saturday |
25 December 2021 |
New Year's Eve Day |
Thursday |
December 31, 2020 |
OPEN |
OPEN |
REC. 2:00 PM ET CLOSE |
New Year's Day |
Friday |
January 1, 2021 |
CLOSED |
CLOSED |
REC. CLOSE |
Martin Luther King Jr. Day |
Monday |
January 18, 2021 |
CLOSED |
CLOSED |
REC. CLOSE |
Washington's Birthday |
Monday |
February 15, 2021 |
CLOSED |
CLOSED |
REC. CLOSE |
Thursday before Good Friday |
Thursday |
April 1, 2021 |
OPEN |
OPEN |
OPEN |
Good Friday |
Friday |
April 2, 2021 |
CLOSED |
CLOSED |
REC. 12:00 PM ET CLOSE |
Memorial Day |
Monday |
May 31, 2021 |
CLOSED |
CLOSED |
REC. CLOSE |
Independence Day |
Monday |
July 5, 2021 |
CLOSED |
CLOSED |
REC. CLOSE |
Labor Day |
Monday |
September 6, 2021 |
CLOSED |
CLOSED |
REC. CLOSE |
Columbus Day |
Monday |
October 11, 2021 |
OPEN |
OPEN |
REC. CLOSE |
Veteran's Day |
Thursday |
November 11, 2021 |
OPEN |
OPEN |
REC. CLOSE |
Thanksgiving Day |
Thursday |
November 25, 2021 |
CLOSED |
CLOSED |
REC. CLOSE |
Day after Thanksgiving Day |
Friday |
November 26, 2021 |
OPEN TIL 1:00 PM ET |
OPEN TIL 1:00 PM ET |
REC. 2:00 PM ET CLOSE |
Christmas Eve Day |
Thursday |
December 23, 2021 |
OPEN |
OPEN |
REC. 2:00 PM ET CLOSE |
Christmas Day |
Friday |
December 24, 2021 |
CLOSED |
CLOSED |
REC. CLOSE |
New Year's Eve Day |
Friday |
December 31, 2021 |
OPEN |
OPEN |
REC. 2:00 PM ET CLOSE |
New Year's Day |
Saturday |
January 1, 2022 |
CLOSED |
CLOSED |
REC. CLOSE |
Note: Banks have holidays on second and fourth Saturdays too.
Overview of MCX
A comprehensive commodity derivatives exchange, COMEX began its operations in November 2003.) The functioning of MCX is regulated by Securities and Exchange Board of India (SEBI, which facilitates the trade of commodity derivative contracts throughout a huge range of industry lines. MCX operates in over 1,200 cities in India. It has a network of 669 members and 51,575 certified individuals.
MCX Products
Bullion, base metals, energy and agricultural commodities are the four categories of products offered by MCX. Bullion includes gold and silver variations; base metals include zinc, nickel, aluminum, brass, lead, and their varieties. The energy section comprises natural gas, unrefined oil, and crude oil. The agricultural commodities that MCX provides are cotton, black pepper, mentha oil, cardamom, and crude palm oil.