abhishreshthaa
New member
"Commodity Exchange"
A commodity exchange is an association, or a company or any other body corporate organizing futures trading in commodities.
National - level Multi commodity exchanges
National Multi Commodity Exchange of India Ltd, Ahmedabad (NMCE)
This is presently working on-line and trading in many active commodities like castor seed/oil, rapeseed and mustard seed/oil, aluminum, soybean/oil, pepper, gold, silver etc.
National Board of Trade, Indore (N-BOT)-
This is also presently working but not completely on-line, screen-based. In this exchange maximum trades are carried out in soy oil.
National Commodity and Derivative Exchange, Mumbai (NCDEX)
The exchange is being promoted by ICICI Bank, National Stock Exchange (NSE), Life Insurance Corporation and NABARD.
It is more or less on the lines of the NSE of the capital market.
Multi Commodity Exchange of India Ltd, Mumbai (MCX)--
The exchange is promoted mainly by professionals and supported by Financial Technology (FT).
The exchange has started operations from November 10 and has offered gold, silver and castor seed in the first phase of trading facility.
A commodity exchange is an association, or a company or any other body corporate organizing futures trading in commodities.
National - level Multi commodity exchanges
National Multi Commodity Exchange of India Ltd, Ahmedabad (NMCE)
This is presently working on-line and trading in many active commodities like castor seed/oil, rapeseed and mustard seed/oil, aluminum, soybean/oil, pepper, gold, silver etc.
National Board of Trade, Indore (N-BOT)-
This is also presently working but not completely on-line, screen-based. In this exchange maximum trades are carried out in soy oil.
National Commodity and Derivative Exchange, Mumbai (NCDEX)
The exchange is being promoted by ICICI Bank, National Stock Exchange (NSE), Life Insurance Corporation and NABARD.
It is more or less on the lines of the NSE of the capital market.
Multi Commodity Exchange of India Ltd, Mumbai (MCX)--
The exchange is promoted mainly by professionals and supported by Financial Technology (FT).
The exchange has started operations from November 10 and has offered gold, silver and castor seed in the first phase of trading facility.