Year: 2024
Type: article
Abstract: NCDEX (National Commodity and Derivatives Exchange Limited) is one of the Indian commodities derivative exchange and multi commodity exchange, trade both agricultural and non-agricultural commodities. It is India’s largest agriculture derivative exchange with market share of 75 percent in agriculture derivative contracts in the year 2021. This is the first domestic exchange to operate from an Uptime-certified Tier-IV data Centre. Especially in agriculture products price discovery, price locking and risk management is more useful to formers, FPOs (Farmer Producer Organisation) and interested investors for upliftment and development of formers. This is one of the main commitments of the nation and NCDEX Ltd. NCDEX (National Commodity and Derivatives Exchange Limited) taken many initiatives from its incorporation for to crate holistic and integrated market infrastructure. The present paper mainly focusing on NCDEX key initiatives also called as four pillars of NCDEX Ltd, like NeML, NICR, NCRL and NCCL roles in parent company.
Authors: KARNAMKOTA SIVA -, P. MOHAN REDDY -
Institution: Sri Venkateswara University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4405808022
