Index roundup: Thomson Reuters and MCX launch India commodity indices

Thomson Reuters and Multi Commodity Exchange of India (MCX), have launched their co-branded commodity index series, Thomson Reuters-MCX India Commodity Indices (iComdex), which track the performance of commodities listed on MCX. The new indices are aimed at providing a reference for benchmark performance and to build products as the Securities and Exchange Board of India (Sebi) begins to open up commodities derivatives to institutional investors. Commodity index-based products would allow marke