NCDEX, the leading commodities and derivatives exchange, has selected MillenniumIT as its partner for scaling up its trading and surveillance system for futures and forwards segments. The new system - NextGen - will provide enhanced functionality, enable additional products and offer trendsetting s... (more)
NCDEX and IPGA to undertake awareness drive for traders
NCDEX, the leading commodity exchange in India has launched forwards contracts in seven additional commodities including Urad, Tur, Yellow peas, Yellow soya bean meal (Domestic), Pepper, RBD Palmolein and Bajra. The fo... (more)
Scores of traders have applauded the timely action taken by NCDEX, the leading agricultural commodity exchange, to ensure that small traders and market participants could deliver a record quantity of castor seed on the Exchange platform in the January 2015 expiry futures contract. (more)
Highlights
252789 MT quantity delivered through the exchange platform for the month of January 2015, which show rise of 134.22% m-o-m.
Record deliveries in Castor seed Worth Rs. 947 + Cr.
Total traded value of Rs. 70,608.62 crores with average daily traded value of Rs.... (more)
Confederation of Indian Industry (CII) and NCDEX today released exclusive report titled “A case for establishing a warehouse receipt transactions registry” in connection with the Agri Supply Chain Industry . The report was issued at a ‘Conference on Agri Supply Chain 2015&rs... (more)
NCDEX e Market Limited (NeML), (formerly known as NCDEX Spot Exchange Limited), the leading Indian Commodity Spot Auction market, has facilitated PDS-Sugar procurement for Andhra Pradesh Government in December 2014. Using NAM and leveraging the electronic platform of NeML, Andhra Pradesh Government... (more)
Highlights:
Forwards Segment – Total traded volume of 4856 MT with traded value of 818.22 lakhs since launch. Trades in Castor seed and Cumin seed of newly launched 17 commodities.
Futures Segment - Total traded value of Rs. 80790.96 Crore with average daily... (more)
NCDEX, the leading commodities and derivatives exchange, recently announced a new community engagement initiative “Adopt a Mandi” that will focus on employees of the Exchange interacting with the most important stakeholders in the commodity value chain – the farmers, to understand... (more)
NCDEX had on Friday made some modifications in the Castor Seed and Coriander contracts expiring in January 2015. As per the directives of commodity market regulator Forward Market Commission (FMC), the staggered delivery in both the commodities shall commence from 29th December 2014;... (more)
NCDEX, the leading commodity exchange in India will soon extend the forwards trading basket to include 17 additional commodities; which comprise of major cash crops constituting bulk of the physical agri trade in the country. This move comes on the back of a successful launch of exchange traded for... (more)
