Indian Commodity Exchange (ICEX) to launch pepper and cardamom contracts soon

commodity exchange
ICEX is a leading commodity exchange

The Indian Commodity Exchange (ICEX) would launch pepper and cardamom contracts in its platform in the near-future.  The exchange is the first to launch the world’s first diamond derivatives contracts in August last year.

For buying shares of  Indian Commodity Exchange (ICEX) or any other companies, please call on 8108303330 or place your order here https://buysellunlistedshares.com/buysell/

ICEX launched derivatives in diamond and steel as India was a major player in both the commodities.  India has a 70% share in cutting and polishing of diamonds and in steel we are the second largest market.  The company has daily turnover of Rs 100 crore in diamond contracts and Rs 20 crore in steel.  It is looking at a daily turnover of Rs 500-600 crore in diamond alone by the next quarter with Sebi approving foreign entities having actual exposure to Indian physical commodity markets to trade in the commodity market .

Last year, ICEX had merged with National Multi Commodity Exchange (NMCE) creating the country’s third biggest commodity exchange.  NMCE rubber contracts started trading in ICEX post Sebi approval.  Volumes and open interest are seen increasing consistently in rubber post the merger.

Source: Financial Express06-Dec-2018

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Indian Commodity Exchange (ICEX) pre IPO unlisted shares

 commodity exchange
ICEX is a leading commodity exchange  provide nationwide trading platform

Indian Commodity Exchange (ICEX) is SEBI regulated online Commodity Derivative Exchange. Headquartered at Mumbai, the exchange provide nationwide trading platform through its appointed brokers.

For buying shares of  Indian Commodity Exchange (ICEX) or any other companies, please call on 8108303330 or place your order here buysellunlistedshares.com/buysell/ 

Some of Prominent shareholders of ICEX are MMTC Ltd, Indian Potash Ltd, KRIBHCO, IDFC Bank Ltd, Reliance Exchangenext Ltd and Indiabulls Housing Finance Ltd.

The exchange launched world’s first ever Diamond derivative contracts. ICEX aims to provide futures trading products in India’s all economically relevant commodity. At present it offers futures contract in Diamond. Providing desired price risk hedging solution to the trade through innovative contract designing forms core value of ICEX.

This exchange is ideally positioned to leverage the huge potential of commodities market and encourage participation of actual users to benefit from the opportunities of hedging, risk management and supply chain management in the commodities markets.