MCX is India's largest commodity exchange, headquartered in Mumbai. It has over 80% market share and offers futures trading in over 40 commodities. MCX was the first Indian exchange to offer futures in commodities like steel, crude oil, and almonds. It has over 2,000 members and 300,000 terminals across 1,500 cities. MCX's initial public offering was oversubscribed 54 times, attracting bids of Rs. 35,000 crore, making it one of India's most oversubscribed offerings.