Monday, August 10, 2009

NCDEX arm to launch online trading in maize

The electronic spot exchange arm of National Commodity and Derivatives Exchange Ltd (NCDEX), NCDEX Spot Exchange Ltd (NSPOT) has planned to open spot trading platform for maize.

Mr R. Ramaseshan, Managing Director of NCDEX, told reporters on Saturday that the trading centres would be located in Bihar, Andhra Pradesh and Karnataka. “We hope to start spot trading platform for maize by October to catch the rabi crop season,” he added.

No comments: