Shares of Multi Commodity Exchange of India rose 2% to hit an all-time high of ₹10,524.00 after Sebi chairman Tuhin Kanta Pandey made forward-looking comments in the commodity derivatives space. Pandey, in his address at the Commodity Participants Association of India’s 11th Convention, said that the regulatory body is working with RBI and IRDAI to enable participation of banks and insurance companies in the commodity derivatives market. “Enhanced institutional participation will bring in higher liquidity, making the market more attractive for hedging,” he said. 

The Sebi chief also said that they will continue to engage with the Government to resolve GST-related issues for participants who wish to receive or deliver commodities through the Exchange platform. The Samuhik Prativedan Manch (Common Reporting Portal) has been implemented to ease reporting requirements for stock brokers. Facility to extend this portal to commodity-only brokers is under development.

Pandey also pointed out the range of commodities available for trading—104 distinct commodities and their variants have been notified for trading on recognised stock exchanges. A diverse range of 34 unique commodities is available for trading—23 agricultural commodities and 11 non-agricultural commodities. The annual notional turnover in FY25 reached ₹580 lakh crore—almost doubling from FY24. As of October 31, 2025, the notional turnover has already reached ₹628 lakh crore. The commodity derivatives markets have been under Sebi’s oversight since 2015. 

Sebi has brought about a few reforms in the commodity markets space, such as reducing the staggered delivery period from a minimum of five working days to three working days, to benefit market participants in terms of reduced margin requirements.

The new stocknroker regulations will enhance ease of compliance by ensuring simplified language and overall structured provisions. Pandey also elaborated on the penalty framework for all stockbrokers, including commodity brokers. Stockbrokers who are members of multiple exchanges will now be penalised by only one exchange for common violations, rather than by each exchange separately. The nature and quantum of penalties have been reviewed—12 new penalties have been introduced, while 40 penalties have been done away with. This rationalised penalty framework shall facilitate ease of doing business and ease of compliance for all stockbrokers.

Based on these comments, the shares of MCX rose, and is currently trading at ₹10,492.00, 1.79% above its previous closing, as investors pared some gains. The stock had hit a 52-week low of ₹4,408.15 in March this year. MCX’s market capitalisation stands at ₹53,578.89 crore.