Internet Based Trading Facility (IBT)

Internet Based Trading (IBT) helps Members and their clients to trade on the Exchange Trading System by accessing members’ IBT server via internet from anywhere in India. Internet trading can take place through order routing systems, which will route client orders to exchange trading systems for execution.

Members of MCX can introduce Internet Based Trading facility after obtaining permission from the Exchange. MCX has stipulated minimum conditions to be fulfilled by the members for starting IBT facility.

Members can procure the Internet trading software from software vendors who are empanelled with MCX or they may develop the software through their own in-house development team or may procure the software from other non-empanelled vendors. Members can also develop in-house IBT software using API of the Exchange empanelled CTCL Vendor for their own use.

Procedure to apply for IBT facility from Exchange Empanelled Vendor

  • Members who are already enabled for CTCL facility and opting for IBT facility are required to follow the process defined in Chapter 2, Master Circular - CTCL, circular no. MCX/CTCL/315/2016 dated September 29, 2016 for availing IBT facility through empanelled vendor. 

Procedure to apply for In-house IBT facility

  • Members who are already enabled for In-House CTCL facility and opting for IBT facility are required to follow the process defined in Chapter 3 - A, Master Circular - CTCL, circular no. MCX/CTCL/315/2016 dated September 29, 2016 for ​availing In-house IBT software approval.

Procedure to apply for In-house IBT using API of the Empanelled CTCL Vendor

  • Members are required to are required to follow the process defined in Chapter 3 - B, Master Circular - CTCL, circular no. MCX/CTCL/315/2016 dated September 29, 2016 for developing IBT software in-house using API from empanelled vendor.  

Technology Trust Factors

ISO 27001:2013

Information security Management Standard

Technology Trust Factors

ISO 9001:2008

Quality Management System

Technology Trust Factors

ISO 14001:2004

Environmental Management system

Need Assistance?

Please contact

022-6649 4060
022-6726 9560

DATAFEED
Products & Services

Know More »