MCX - Average Daily Trading Volume Gathering Momentum: ICICI Securities
A female broker uses a keyboard on the trading floor. (Photographer: Luke MacGregor/Bloomberg)

MCX - Average Daily Trading Volume Gathering Momentum: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Multi Commodity Exchange of India Ltd. has reported an average daily trading volume of Rs 328 billion in May (data up to May 14, 2021) versus Rs 368 billion/Rs 266 billion/Rs 266 billion recorded in the month of February/March/April.

(ADTV is based on 9.5 working days, as May 13, was half working day for the exchange).

ADTV grew strong 23% month-on-month led by increase in volumes.

Absolute month-on-month change in ADTV was Rs 64 billion driven by Rs 48 billion due to change in quantity traded and Rs 16 billion due to change in price.

Click on the attachment to read the full report:

ICICI Securities MCX Company Update.pdf

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