MCX Control, also known as Multi Commodity Exchange of India, is India's leading commodity derivatives exchange. Established in 2003, it operates under the regulation of the Securities and Exchange Board of India (SEBI). The exchange provides a transparent and efficient platform for trading a wide range of commodity futures and options, including precious metals (like gold and silver), base metals, energy, and agricultural products. MCX is crucial for price discovery, risk management, and providing hedging opportunities for participants in the commodity market.