Multi Commodity Exchange of India (MCX) today launched an options contract on copper futures.
The contract has clocked a traded volume of 461 lots with value of Rs 21.89 crore till 5.00pm.
Currently, June, August and November 2018 option contracts are available for trading, with one MCX copper futures contract (1 MT) as the underlying. The exercised positions of the options contract post expiry shall devolve into the respective underlying future positions.
In order to encourage active participation in the market the exchange is not levying any transaction fees on all the commodity options contracts till September 30, it said. ********************* Mercedes-Benz rolls out limited edition GLE 43, SLC 43 *
German luxury car maker Mercedes-Benz today rolled out the limited editions versions of its GLE 43 SUV coup (OrangeArt)and SLC 43 convertible (RedArt) in India, with an starting price tag of Rs 1.02 crore and Rs 87.48 lakhs, respectively.
The company has made available in the market only 25 units of these cars, a release said.
"We will continue to boost our AMG portfolio in this market," said Roland Folger, managing director and CEO, Mercedes-Benz India said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)