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Multi Commodity Exchange of India (NSE:MCX) Accounts Payable & Accrued Expense for Financial Companies


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What is Multi Commodity Exchange of India Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Multi Commodity Exchange of India (NSE:MCX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Multi Commodity Exchange of India Ltd (NSE:MCX) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
Address
Suren Road, Exchange Square, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments, and other miscellaneous income.