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Commodity trading in India
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Commodity trading in India
Commodity trading in India in India a long history. In fact, commodity trading in India started much before it started in many other countries. However, years of foreign rule, droughts and periods of scarcity and Government policies caused the commodity trading in India to diminish. Commodity trading was, however, restarted in India recently. Today, apart from numerous regional exchanges, India has three national commodity exchanges namely, Multi Commodity Exchange (MCX), National Commodity and Derivatives Exchange (NCDEX) and National Multi-Commodity Exchange (NMCE). The regulatory body is Forward Markets Commission (FMC) which was set-up in 1953.
Useful resources/links
National Commodity and Derivatives Exchange
National Multi-Commodity Exchange
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This article is licensed under the GNU Free Documentation License.
Last updated on Monday September 08, 2008 at 05:09:55 PDT (GMT -0700)
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This article is licensed under the GNU Free Documentation License.
Last updated on Monday September 08, 2008 at 05:09:55 PDT (GMT -0700)
View this article at Wikipedia.org - Edit this article at Wikipedia.org - Donate to the Wikimedia Foundation
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