Commodity Exchanges & Brokerages

Indian Commodity Exchange to go live soon, could skew market

Reuters Posted: Tuesday, Nov 24, 2009 at 2344 hrs IST Updated: Tuesday, Nov 24, 2009 at 2344 hrs IST Mumbai: Indian Commodity Exchange Ltd (ICEX), country’s fourth national commodity bourse, will go live in less than a week’s...

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Ministry wants to bring warehouses under FMC

The Union Ministry of Consumer Affairs has proposed to the prime minister that the Forward Markets Commission, the regulator for commodity futures, also be the regulator for all warehouses. The move, it says, will synchronise...

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Commexes turnover jumps by 34% till Oct

NEW DELHI: The combined turnover of 22 commodity exchanges surged by 34 per cent to Rs 40,04,831 crore till October this financial year despite a fall in the bullion trade, the Forward Markets Commission (FMC) said. The...

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Reliance Spot Exchange seeks infrastructure status

Reliance Spot Exchange Infrastructure, a group company of Reliance ADAG, today sought infrastructure status for the national commodity spot exchanges. "Spot exchange should get infrastructure status as this is a real...

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Spice Finance plans to buy 15% in NMCE

The BK Modi group’s finance arm, Spice Finance, has proposed to buy a 15 per cent stake in Ahmedabad-based National-Multi Commodity Exchange (NMCE). Though Gupta declined comment, Bandyopadhyay said Spice was interested in...

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SPDR® Gold Shares Reaches Five Year Anniversary (Business Wire)

BOSTON----World Gold Trust Services, LLC, a wholly-owned subsidiary of the World Gold Council and State Street Global Advisors , the investment management arm of State Street Corporation , today marked the fifth anniversary of...

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Brokers shy away from ICEX membership

Traders and brokers seem cautious about taking membership in Indian Commodity Exchange (ICEX), the fourth commodity futures exchange, promoted by Indiabulls Financial Services and public sector MMTC. Many apprehend that a...

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Cotton, jute exchanges try to persuade members to activate dormant platform

Two specialised regional commodity exchanges the Mumbai-based Cotton Association of India (CIA) and the Kolkata-based East India Jute & Hessian Exchange (EIJHEX) have engaged members in several rounds of talks to activate...

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Region Emerging As A Forex Trading Hub: Dubai Gold And Commodities Exchange

Currency futures trading offers an alternative asset class for portfolio diversification in the Middle East Global FX market has grown to reach an estimated daily turnover of US$2.5 trillion On-exchange currency trading in the...

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Tokyo Commodity Exchange To Suspend Trading Of Aluminum Futures

Tokyo Commodity Exchange, Inc. ("TOCOM" or the "Exchange") today announced that the Exchange is to suspend trading of the Aluminum futures contract in October 2010. When the existing back contract month, which is the October...

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