MCX Strategic Alliance

Federation Of Indian Chambers Of Commerce & Industry ( FICCI )

FICCI is the rallying point for free enterprises in India. It has empowered Indian businesses, in the changing times, to shore up their competitiveness and enhance their global reach.
With a nationwide membership of over 1500 corporates and over 500 chambers of commerce and business associations, FICCI espouses the shared vision of Indian businesses and speaks directly and indirectly for over 2,50,000 business units. It has an expanding direct membership of enterprises drawn from large, medium, small and tiny segments of manufacturing, distributive trade and services. FICCI maintains the lead as the proactive business solution provider through research, interactions at the highest political level and global networking.
Set up in 1927, on the advice of Mahatma Gandhi, FICCI is the largest and oldest apex business organization of Indian business. Its history is very closely interwoven with the freedom movement. FICCI inspired economic nationalism as a political tool to fight against discriminatory economic policies. That commitment, drive and mission continue in the ever-changing economic landscape of India, chasing always newer agenda.
In the knowledge-driven globalized economy, FICCI stands for quality, competitiveness, transparency, accountability and business-government-civil society partnership to spread ethics-based business practices and to enhance the quality of life of the common people

Maharashtra Economic Development Council (MEDC)

Maharashtra Economic Development Council (MEDC) was constituted more than four decades back in 1957, i.e. on 29th June 1957, by the prominent Chambers of Commerce and Business and Industries Associations in Maharashtra, as a symbol of social responsibility of business and industry, under the Stewardship of the late Dr. Dhananjayrao Gadgil, eminent Economist and former Dy. Chairman of the Planning Commission, Govt. of India.
The Council has eminent personalities and experts in business and industry, economic and administrative fields as its Presidents, who have actively supported and guided the affairs of the Council to serve the business and industry in our State. Leading personalities who had adorned the Presidentship of the Council so far are: (Late) Shri Lalchand Hirachand, (Late) Shri S. L. Kirloskar, (Late) Shri Nani Palkhivala, Shri Keshub Mahindra, Shri Subhash Dandekar, Shri Adi Godrej, Shri M. N. Chaini. The vision and exquisite leadership of these personalities has made the MEDC a UNIQUE Research & Development Organisation not only in Maharashtra but also in India, by virtue of its research-oriented services and nature of membership.

The Associated Chamber Of Commerce & Industry ( ASSOCHAM )

The Associated Chamber Of Commerce & Industry ( ASSOCHAM )
The Associated Chambers of Commerce and Industry of India (ASSOCHAM), India's premier apex chamber covers a membership of over 2 lakh companies and professionals across the country. It was established in 1920 by promoter chambers, representing all regions of India.

As an apex industry body, ASSOCHAM represents the interests of industry and trade, interfaces with Government on policy issues and interacts with counterpart international organizations to promote bilateral economic issues. ASSOCHAM is represented on all national and local bodies and is, thus, able to pro-actively convey industry viewpoints, as also communicate and debate issues relating to public-private partnerships for economic development.

Maharashtra Chamber Of Commerce Industry & Agriculture ( MACCIA )

The Maharashtra Chamber Of Commerce Industry & Agriculture is affiliated to national level organizations of Trade and Industry such as Federation of Indian Chambers of Commerce & Industry (FICCI), New Delhi, International Chamber of Commerce - National Committee, New Delhi, Indian Council of Arbitration, New Delhi, All India Organization of Employers, New Delhi.
Membership of the chamber is open to all engaged in Trade, Commerce, Industry, Agriculture and Profession in the State of Maharashtra irrespective of case, creed, community, language and religion. Associate membership is also offered to such categories out side India.
The Chamber works through a federal system of Head Office at Mumbai, Branch Office at Nashik and a large number of affiliated local associations of trade and industry at Taluka and District levels throughout the State of Maharashtra.

NASSCOM ( National Association of Software & Services Companies )

NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPO industry in India. NASSCOM is a global trade body with more than 1200 members, of which over 250 are global companies from across US, UK, EU and A-Pac. NASSCOM's member and associate member companies are broadly in the business of Services, Products, IT Infrastructure Management, R&D services, E-commerce & web services, Engineering services offshoring and Animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs over 2 million professionals.

Federation of Indian Micro and Small & Medium Enterprises (FISME)

Federation of Indian Micro and Small & Medium Enterprises (FISME)
FISME is a network that reaches to more than 1, 00,000 SMEs through state level SME associations and sectoral associations.The membership of FISME is composed of regional associations and sectoral associations of small and medium enterprises.
Industries representing all major sectors are also invited to take direct membership. The sectors covered through the network include:

General Engineering (including machine tools, auto parts etc)
Electrical Electronics
Plastics and plastic products
Leather and leather products
Paper and paper products
Micronutrients/ fertilizers
Food processing
Information Technology
Textiles
Rubber & rubber products
Handicrafts
Chemicals and pharmaceuticals
Plants and Machines

Futures Industry Association ( FIA )

FIA is the only association representative of all organizations that have an interest in the futures market. FIA has more than 180 corporate members, reaching thousands of industry participants.
Regular Members are futures commission merchants. FIA estimates that their regular members are responsible for more than 80% of the customer business transacted on U.S. futures exchanges. Through these members FIA represents the needs of futures industry customers; in fact, their members include the top 20 firms in terms of customer equity.
Associate Members include international exchanges, banks, legal and accounting firms, introducing brokers, commodity trading advisors, commodity pool operators and other market users, and information and equipment providers headquartered in the U.S.A. and abroad.

The Association Of Futures Markets ( AFM )

Objectives of the Association
The objective of the Association is to support and encourage the establishment and organisation of new derivative and related markets and to organize international conferences in order to promote communication between exchanges, to strengthen relationships and to transfer experience and information. The Association strives to ensure participation in international forums organized for futures exchanges.

Membership
The Membership of AFM is open to a wide variety of market participants to assure broad perspectives in the participation and as a result exchanges, clearing houses, traders as well as other participants in the industry have joined and support AFM. It's conferences are held in different places each year (recently they were held in Istanbul, Bucharest and Budapest). Panel discussions are held where important issues facing emerging exchanges are discussed in co-operation with established markets as well as market participants. The focus is on active discussion and not sales pitches, making it more interesting for participants. Obviously, the social part is not forgotten - networking is an integral part of any association and time is taken to learn something of the culture and history of the host country.

The International Organization of Securities Commissions ( IOSCO )

The International Organization of Securities Commissions ( IOSCO )
The member agencies currently assembled together in the International Organization of Securities Commissions have resolved, through its permanent structures:

To cooperate together to promote high standards of regulation in order to maintain just, efficient and sound markets
To exchange information on their respective experiences in order to promote the development of domestic markets
To unite their efforts to establish standards and an effective surveillance of international securities transactions
To provide mutual assistance to promote the integrity of the markets by a rigorous application of the standards and by effective enforcement against offenses.

Multi Commodity Exchange of India Ltd is an Affiliate Member with IOSCO.

Swiss Futures and Options Association (SFOA)

The Swiss Futures and Options Association (SFOA) was founded in 1979 as a non-profit professional association for the purpose of promoting derivative financial instruments, particularly standard futures and options contracts on financial instruments and commodities, to the widest possible audience, and to serve the interests of its members. SFOA serves users of commodity and financial derivatives, as well as professionals, their institutions and the exchanges.

It was set up in 1980 under the name of Swiss Commodities Industry Association (SCIA), for the purpose of representing Swiss-based businesses dealing with commodities traded on established exchanges. Its name changed two years later to include futures (SCFA), then added options (SCFOA), to finally drop the word commodities in 1997 (SFOA).

South Asian Federation of Exchanges (SAFE)

South Asian Federation of Exchanges (SAFE) is a forum launched by bourses in South Asia to promote the development of securities markets in the region. The inception of SAFE marks an important milestone in the march of South Asian capital markets towards regional and global integration.The imperatives of globalization necessitate increasing interdependence among nations in terms of business, politics and cross-cultural activities. Consequently, capital markets in South Asia can no longer afford to remain insulated from each other or from the rest of the world. The markets have overlapping concerns and interests which need to be recognized and addressed. SAFE is the logical culmination of this realization.