NCDEX - Stock Exchange in India, Interdisciplinary issues in Indian Commerce

national commodity and derivatives
exchange limited as an online commodity
exchange based in India it has an
independent board of directors and
professional management who have
interest in commodity markets it
provides a commodity exchange platform
for market participants to trade in
commodity derivatives
it is a public limited company
incorporated on April 23rd 2003 under
the Companies Act 1956
it obtained its certificate for
commencement of business on May 9th 2003
and began operations on December 15 2003
nc de x is the only Commodity Exchange
in the country promoted by national
institutions NC de x is regulated by the
forward markets Commission and is
subject to the Companies Act 2013 Stamp
Act contracts Act Ford Commission Act
and various other laws shareholder
consortium Canara Bank
chris'll Limited goldman sachs indian
farmers fertilizer co-operative limited
infrastructure development finance
company IntercontinentalExchange
JP Capital Life Insurance Corporation of
India National Bank for Agriculture and
Rural Development National Stock
Exchange of India Punjab National Bank
Renuka Sugar's kea facts n CDE ex had
848 registered members and client base
of at 20 lakh as of July 31st 2013
it offers trading on more than 49,000
terminals across 1,000 centres in India
as of July 31st 2013 it facilitates
deliveries of commodities through a
network of over 594 accredited
warehouses through eight warehouse
service providers with holding capacity
of around 1.5 million tonnes
it offers average deliveries of 1 lakh
MT at every contract expiry average
delivery ratio for q1 of 2013 - 14 is
98% n CDE ex has offices in Mumbai Delhi
Ahmedabad indle Hyderabad Jaipur and
Kolkata
products and services n CDE X offers
futurist trading and thirty-one
agricultural and non-agricultural
commodities n CDE X also offers as an
information product an agricultural
commodity index this is a value weighted
index called Dharma and is computed in
real time using the prices of the ten
most liquid commodity futures traded on
the NC de X platform Dow meal aims to
provide a reliable benchmark for India
Zachery commodities introduced ten
charts a euro a free web-based charting
tool provided to users for technical
analysis launched come track a
registered trademark of proprietary
electronic warehouse accounting system
exchange for physicals recently
announced the F P facility in 18
contracts traded on the NC de X platform
which they intend to help trade
participants address counterparty and
business risks inherent in bilateral
transactions in the physical market
launched gold hedge a transparent price
benchmark of gold to the consumer the
contract Gold edge is available for
trading from January 16 2014 the 1 kg
gold hedge contract provides a
transparent platform for investors with
exposure to the international markets
the final settlement prices is arrived
at after taking into account the gold
price in dollar terms rupee value
against dollar and the conversion ratio
launched forward market in September
25th 2014 references