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Commodity Exchanges & Brokerages

NMCE to launch currency futures

MUMBAI: Ahmedabad-based National Multi- Commodity Exchange (NMCE), plans to launch currency futures by the end of this year. Currency futures have already been launched this week by country’s largest commodity exchange- MCX...

Learning from commodities

The real lesson from volatile commodity pricesCLIMB a steep flight of stairs down a small side street in Fatehpuri, part of the bustling commercial hub of Old Delhi, and you will come to a set of rooms overlooking an imposing...

Economic crisis: It isn’t just greed

Everybody is blaming greed for the economic crisis. The origin of the present crisis began with the monopoly position of the United States at the end of World War II. The United States then accounted for half of world...

National Multi Commodity Exchange to raise Rs.1 bn

The National Multi Commodity Exchange of India (NMCE) is planning to raise Rs.1 billion ($22 million) through issue of fresh shares to its present stakeholders, including Reliance Money, which acquired 10 percent stake in the...

DGCX concludes largest ever physical settlement worth $25.20M

Dubai Gold and Commodities Exchange (DGCX) announced the successful completion of its largest-ever physical settlement of gold and steel rebar futures contracts, valued at US$25.20 million, by the Dubai Commodities Clearing...

NMCE gets new corporate identity

National Multi-Commodity Exchange of India (NMCE), the country's first online demutualised commodity exchange today unveiled its new identity. The new identity was unveiled by B C Khatua, chairman of the commodity market...

New entrants to fuel currency futures volume

The currency futures market is set to see a big jump in volume and open interest (OI) in coming days as more exchanges begin operations and competition intensifies. Currency futures trading was inaugurated on the MCX Stock...

Dubai gold exchange trades 1m contracts

Dubai: The Dubai Gold and Commodities Exchange (DGCX) on Monday announced that in the year to date volume has for the first time passed a record one million contracts, up 52 per cent on last year. Higher trading activity was...

Limited pepper stock, high demand raise delivery worries

Pepper exporters in Kochi are worried about getting delivery after October contract expiry due to limited stocks of the spice at warehouses of commodity exchanges, dealers said on Monday. Pepper delivery from NCDEX topped 1,000...

Jute exchange plan faces failure

The 51st annual general meeting of one of the oldest commodity exchanges of the country, the East India Jute & Hessian Exchange (EIJHE) ended on a sad note, as efforts to revive the age-old institutions appeared to have failed....

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