BWI: Forward Market Commission (FMC) and Multi Commodity Exchange (MCX) Conduct Seminar on Commodity Markets and Regulatory framework at Chitkara Business School

Press release from Business Wire India
Source: Chitkara University
Tuesday, February 16, 2010 03:40 PM IST (10:10 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology, Media & entertainment; Technology
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Forward Market Commission (FMC) and Multi Commodity Exchange (MCX) Conduct Seminar on Commodity Markets and Regulatory framework at Chitkara Business School


Chandigarh, Punjab, India, Tuesday, February 16, 2010 -- (Business Wire India) -- Forward Market Commission (FMC) in association with MCX (India's No.1 Multi Commodity Exchange) organized an awareness seminar on Commodity Markets and Regulatory framework for MBA students of Chitkara Business School, Chitkara University on 5th Feb 2010 at Chitkara Campus, Chandigarh.

A three member team consisting of K Jayanth, Director, FMC, B D Raibhole, Deputy Director, FMC and Sanjay Ghakkar, Vice- President, Business Development, Northern Region, MCX, Mumbai visited Chitkara Business School to address MBA students on the topics 'Commodity futures markets - A Regulatory Perspective' & 'Exchanges as Self Regulatory Agencies - The case of MCX'.

The primary objective of the seminar was to attract young talent towards financial markets and generate awareness about the world of trading, Commodity, Currency, Fixed Income Interest etc. The seminar was aimed to attract MBA students of both Finance and Marketing streams towards this fast growing new world of financial market.

The narrative by Jayanth on commodity trading was very informative as he brought out certain pertinent issues impinging upon the economy. The students were given domain knowledge and explained in detail about commodity trading, procedures and implications along with regulatory framework provided by FMC in safeguarding the interests of investors.

Speaking at the seminar, Mohit Chitkara, Vice President, Chitkara Educational Trust said, "At Chitkara, it is our constant endeavor to lead as an industry-academic interface for providing relevant worklife exposure to our students. Interacting with top industry leaders helps students understand & be better prepared for the challenges of the real world. I thank the visiting dignitaries from FMC & MCX for sparing their valuable time to educate our students."

Prior to the seminar, a group of 30 students from Chitkara Business School had attended a 15 days long Winter School Program on Financial Markets organized by FTKMC (sister concern of FT group) at Mumbai. This initiative was a step further taken by Chitkara University to spread awareness among students regarding the changed face of Financial Market so that they may plan their career accordingly.

Multi Commodity Exchange of India Ltd is a demutualised nationwide electronic commodity futures exchange set up by Financial Technologies (India) Ltd. Forward Markets Commission (FMC) is a regulatory authority which is overseen by the Ministry of Consumer Affairs, Food and Public Distribution, Govt. of India.


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