How Jignesh Shah’s Ideas Shaped Global Commodity Exchanges

Jignesh Shah is a pivotal figure in the story of modern commodity trading. At a time when the global commodity markets were dominated by long-established Western exchanges, Shah brought with him a new playbook, one highlighting technology, efficiency, and inclusivity. Perhaps the best-known creation of this is the Multi Commodity Exchange (Jignesh Shah MCX), which did not merely transform Indian commodity markets but set forth a precedent that exchanges worldwide followed in reconsidering how commodities’ trading should be operated.

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