Mumbai, January 8, 2026: Multi Commodity Exchange of India Limited has confirmed a key leadership development at its clearing subsidiary, with Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) receiving approval for the appointment of Rishi Nathany as its Managing Director and Chief Executive Officer.
The approval marks a significant step in strengthening the governance and operational leadership of MCXCCL, which plays a central role in clearing and settlement operations for India’s commodity derivatives ecosystem. MCXCCL is a wholly owned subsidiary of MCX and is responsible for ensuring financial integrity, risk management, and settlement efficiency across the exchange’s contracts.
According to the company, the appointment will come into effect following Mr. Nathany’s acceptance of the offer and the requisite approval from the shareholders of MCXCCL. Once formalised, he will take charge of steering the clearing corporation’s strategic direction, risk framework, and operational oversight.
The leadership appointment comes at a time when the commodity derivatives market continues to see rising participation and heightened focus on robust clearing and settlement mechanisms. Strengthening the management at the clearing level is viewed as a critical pillar for sustaining market confidence and supporting future growth initiatives at the exchange.
About the Company
Multi Commodity Exchange of India Limited is India’s leading commodity derivatives exchange, providing a nationwide electronic trading platform for futures and options contracts across bullion, energy, metals, and agricultural commodities. The company is listed on Indian stock exchanges and operates through a comprehensive ecosystem that includes trading, clearing, and settlement infrastructure to support transparent and efficient commodity markets.Source:
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