Inter-state Agri trading via eNAM in 8 Indian states so far: Government of India
Eight states including Uttar Pradesh are offering inter-state trading via 21 electronic national agricultural market (eNAM) so far in the country, the …
Gold ETF inflows reach record $100 million a day: WGC
According to a new report by the World Gold Council, holdings in global gold-backed ETFs rose 72 tonnes in January 2019 to reach 2,513 tonnes (80.8 million …
Disaster recovery sites of commodity exchanges in focus after NCDEX move hits volumes
Volumes on the National Commodity & Derivatives Exchange (NCDEX) fell sharply after the bourse shifted trading to a disaster recovery (DR) site last …
India’s market regulator likely to open up commodities market to FIIs, mutual funds by March
India’s capital and commodities market regulator, Securities and Exchange Board of India (SEBI) is planning to open up the commodities market for foreign …
India’s state-promoted NCDEX arm in pact with Iranian Mercantile Exchange
NCDEX e-Markets (NeML), a group company of India’s NCDEX, has signed an agreement with the Iranian Mercantile Exchange to develop a platform for commodities …
India’s NCDEX inducts farmers producers organisations on board for derivative trade
Indian agri-commodity bourse NCDEX said as many as 99 Farmers Producers Organisations (FPOs) from 14 states are now registered on its trading platform, …
Onion trading resumes in India’s Nashik-Laslagaon wholesale markets
Onion auctions at Lasalgaon and other markets in India’s Nashik region resumed on Monday after last week’s strike by traders. The trading community had …
ADAG-Reliance promoted ICEX likely to launch diamond futures trading by August-end
The Reliance ADAG-anchored Indian Commodity Exchange (ICEX) started mock trading from Monday for five days to create awareness among existing and potential …
Wall Street regulator gives green signal to bitcoin platform for derivatives trading
The U.S. Commodity Futures Trading Commission announced its unanimous approval of digital currency-trading platform LedgerX for clearing derivatives. LedgerX …
COMMENTARY – Volatility in Bitcoin price is good news
January 1, 2017: Bitcoin was trading at $998.47. May 25, 2017: Bitcoin traded at $2,800. In less than five months, the price of this cryptocurrency jumped by a …