Financial Daily from THE HINDU group of publications Thursday, Jan 29, 2004 |
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Agri-Biz & Commodities
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Commodity Exchanges MCX signs pact with OsterDowJones Our Bureau
Mumbai , Jan 28 MULTI Commodity Exchange of India Ltd (MCX) has reached an agreement with OsterDowJones Commodity News, a joint venture of Oster Communications LLC and Dow Jones & Co, to provide real-time news and analysis of global commodity markets to users of the exchange. This agreement will give MCX members access to standard and specially tailored commodity news services published by OsterDowJones, the premier source for coverage of cash and futures commodity markets. OsterDowJones and MCX are offering a special introductory price of $50 for the first six months on new subscriptions placed for ODJ real-time Agriwire or Metalswire via the MCX Web site (http://www.mcxindia.com). "This agreement will give MCX members access to OsterDowJones' Commodity News, the premier source of real-time global commodity news and analysis to traders in India's commodity markets. MCX has taken multi-pronged & innovative approach in enabling the latest global commodity market information to the commodity traders in India," said Mr Jignesh Shah, Managing Director of MCX. "Recent developments in India's commodity markets have created new opportunities and this unique partnership with MCX, which underlines our growing commitment to the Indian market. MCX has emerged as India's leading commodity exchange, generating participation from wide variety of users, establishing a wide reach and a presence in all the leading commodity centres. MCX is our preferred partner of choice and we are delighted to have reached this agreement," said John Hitchcock, Vice-President, OsterDowJones.
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