MUMBAI: The Multi Commodity Exchange (MCX) is all set to launch Aviation Turbine Fuel (ATF) futures contracts early next month, which is expected to help refiners and airlines facing trouble in a turbulent oil market, a top company official said.
"We have received permission from the Forward Markets Commission (FMC) and will firm up plans shortly to launch ATF futures contracts. We are in touch with leading airline companies for hedging," MCX's Managing Director, Joseph Massey, said.
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"We have received permission from the Forward Markets Commission (FMC) and will firm up plans shortly to launch ATF futures contracts. We are in touch with leading airline companies for hedging," MCX's Managing Director, Joseph Massey, said.
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