After Securities and Exchange Board of India (Sebi) approved four more products for options to be launched by Multi Commodity Exchange (MCX), Mrugank M Paranjape, Managing Director and Chief Executive Officer of the company said they would launching the options in crude on May 15, followed by copper, silver and zinc and finish the launch of all of them by May-end.

Talking about the liquidity enhancement scheme, he said, "It has been 8 days of trading the scheme and the results are extremely pleasant. We wanted to make sure that the bid ask spread is extremely tight offering people avenue to enter or exit depending their view on the market.”

Paranjape said, "They also wanted to make sure that this would enhance the reach of the retail, which is already taking place now. Third aspect of the scheme was to make the contract very liquid and viable in long run."

When asked about the extension in trading hours and if commodity markets would stand to gain from it, he said regulators are creating an ecosystem which is across all asset classes, giving the ability to investors to move between different asset classes both in terms of capital and technology. This will definitely benefit the commodity markets, Paranjape added.

According to him, with the advent of more exchanges, many more products would come in.