MCX To Launch Gold Mini Options From July 10

Multi Commodity Exchange (MCX) said on Monday it had received regulatory nod to launch Gold Mini options. The August, September and October monthly Gold Mini option contracts will be available for trading with effect from July 10, MCX said. An option is a type of derivative contract, which is a financial product whose price is intrinsically linked to that of an underlying asset. An options contract grants its bearer the right, but no...