20101223

commodity trading

Commodity trading in India has 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 four national commodity exchanges namely, Multi Commodity Exchange (MCX), National Commodity and Derivatives Exchange (NCDEX), National Multi-Commodity Exchange (NMCE) and Indian Commodity Exchange (ICEX). The regulatory body is Forward Markets Commission (FMC) which was set-up in 1953.

Useful resources/links

Forward Markets Commission


Multi Commodity Exchange


National Commodity and Derivatives Exchange


National Multi-Commodity Exchange


Indian Commodity Exchange


source http://en.wikipedia.org/wiki/Commodity_trading_in_India

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