MCX announces launch of Options on Bullion Index

Mumbai, 27th October, 2025: The Multi Commodity Exchange of India Ltd. (MCX) has announced the launch of monthly Options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX®), effective October 27, 2025.

MCX BULLDEX® is a dynamic and comprehensive benchmark of India’s precious metals segment, comprising the highly traded MCX Gold and Silver Futures contracts. The introduction of Options on this index provides market participants with a versatile risk management instrument that combines the benefits of diversified exposure to multiple underlying assets with the flexibility of Options trading.

By covering both gold and silver, MCX BULLDEX® offers investors and institutions balanced exposure to the bullion segment in a convenient and cost-effective manner, addressing both investment and hedging needs.

This initiative reflects MCX’s ongoing commitment to deepening India’s commodity markets through product innovation, transparency, and investor-centric offerings. Options on indices are globally recognized as effective investment and risk management tools, and the launch of Options on a sectoral index like MCX BULLDEX® marks an important milestone in enhancing sector-specific price risk management in India. The index also adheres to the International Organisation of Securities Commissions (IOSCO) Principles for Financial Benchmarks (July 2013) in its computation and governance standards.

Commenting on the development, Ms. Praveena Rai, MD & CEO, MCX, said:

“The introduction of Options on MCX BULLDEX® marks a pivotal development in India’s commodities ecosystem. This innovative product enhances the range of instruments available within the commodity derivatives space, empowering market participants to take diversified exposure to a basket of commodities in the bullion segment with greater efficiency and flexibility.”