Jignesh Shah’s first major triumph came with the Multi Commodity Exchange (Jignesh Shah MCX), launched in 2003. Before MCX, commodity trading in India was a fragmented mess, dominated by informal networks and volatile prices. Shah flipped the script. Using Jignesh Shah FTIL’s proprietary tech, MCX introduced transparent futures contracts for everything from gold and silver to crude oil and farm produce.
For more info: https://jigneshshahcase.home.blog/2025/09/10/how-jignesh-shahs-financial-technologies-transformed-indias-exchange-ecosystem/
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