National Commodity and Derivatives Exchange

National Commodity & 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. It is a public limited company, incorporated on 23 April 2003 under the Companies Act, 1956 and obtained its Certificate for Commencement of Business on 9 May 2003. It commenced operations on 15 December 2003.

National Commodity & Derivatives Exchange Ltd.
Public
IndustryBusiness services
Founded15 December 2003
Headquarters
Mumbai, Maharashtra
,
India
Key people
Vijay Kumar, MD & CEO (in charge)
ProductsFutures
Websitewww.ncdex.com/index.aspx

As of 31 July 2013, NCDEX has 848 registered members and client base of about 20 Lakhs and offers trading 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, with holding capacity of around 1.5 million tonnes and offers average deliveries of 1 lakh MT at every contract expiry. NCDEX has offices in Mumbai, Delhi, Ahmedabad, Indore, Hyderabad, Jaipur, and Kolkata.[1]

Shareholder consortium
  • Jaypee Capital Services Limited[2]
gollark: Yes, people are often really bad at interacting civilly with people who disagree with them.
gollark: They're with DS now, they can't respond to you.
gollark: One alternative interpretation I read somewhere was coordination problems - people don't do much because they feel like it won't be useful unless other people also do.
gollark: I'm not saying that they shouldn't care, to clarify, but that people don't, telling them their preferences are wrong is not really a winning strategy, and the lack of concern of most richer countries for poorer ones reflects most people's demonstrated attitudes.
gollark: Yes, exactly.

References
  1. "Contact Us: Offices", National Commodity and Derivatives Exchange
  2. "NSE Appoints JM fin to Shed Excess NCDEX Pie", Economic Times
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