NCDEX (National Commodity And Derivative Exchange) Limited is an online multi-commodity trading exchange. NCDEX Spot.
However, in today’s world traders are regularly involving more and more to the internet for their trading and dealings. NCDEX Spot.
Thus, the trading exchanges like NCDEX and MCX are attracting traders by leaps and bounds.
A comparative lecture of the two portals is often undertaken by investors.
Moreover, in detail, the study of NCDEX is an exciting topic and is probable to yield attractive results.
NCDEX Spot Exchange operates as an online commodity spot exchange in India. NCDEX Spot.
In fact, the company offers an electronic trading platform for farmers, traders, and processors to trade in agricultural and non-agricultural commodities. NCDEX Spot.
Its agricultural products trading include sugar. Best Digital Marketing Course in Indore.
NCDEX Spot Exchange operates as a subsidiary of National Commodity And Derivatives Exchange.
National Commodity and Derivatives Exchange Limited (NCDEX) is an online commodity exchange based in India.
It has an independent board of directors and provides a commodity exchange platform for market participants to trade in commodity derivatives.
However, it is a public limited company.
Moreover, it came into existence on 23 April 2003 under the Companies Act, 1956.
Further, it has obtained its Certificate for Commencement of Business on 9 May 2003.
In fact, it commenced operations on 15 December 2003.
As of 31 July 2013, NCDEX has 848 registered members and client base of about 20 Lakhs and offers to trade on more than 49,000 terminals across 1,000 centers in India.
It facilitates deliveries of commodities through a network of over 594 accredited warehouses through eight warehouse service providers, withholding a capacity of around 1.5 million tonnes and offers average deliveries of 1 lakh MT at every contract expiry.
You can find the offices of NCDEX in Mumbai, Delhi, Ahmedabad, Indore, Hyderabad, Jaipur, and Kolkata.
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