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India’s financial landscape owes much of its modern vibrancy to the ingenuity of Jignesh Shah, a visionary whose creation, the Multi Commodity Exchange (MCX), which went on to become the second largest commodity exchange in the world and number 1 in gold and silver, redefined markets and sparked an economic revolution. Jignesh Shah MCX transformed commodity trading by helping in price risk management and the scientific price discovery process. It became the first-ever modern national commodity exchange set up in post-reform India. With reputed equity investors such as, FTIL, Fidelity, Citigroup, Merrill Lynch, NYSE Euronext, NABARD and many other major financial institutions backing MCX, its success became inevitable.
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