NCDEXNational Commodity and Derivative Exchange (India)
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Kumar, who had earlier served as the top boss of NCDEX, will replace Samir Shah.
The marriage season has also started in northern India and it will soon be summer, when demand usually rises, as per the January report by the National Institute of Commodity Research, or NICR, run by the NCDEX.
The NCDEX Gold Futures will improve price discovery and further extend the NCDEX bullion suite to meet the growing industry demand to effectively manage price risk.
Recycled gold will also be accepted provided such gold is obtained from gold refineries which are approved by NCDEX.
In his complaint, Chopra alleged that Betul Oil had purchased black pepper through NCDEX and later found that the quality of the commodity was inferior.
Coffee when traded at NMCE and NCDEX previously closed at 5 pm, giving the trader little opportunity to close prices at the global one.
In India Birdstep Technology won a USD135,000 contract for its RDM Embedded database manager from the National Commodities and Derivatives Exchange NCDEX.
New Delhi: Vijay Kumar will be the next Managing Director and CEO of leading agri-commodity bourse (National Commodity & Derivatives Exchange Limited) NCDEX.
Yellow peas or matar is not traded on NCDEX ( National Commodity and Derivatives Exchange Limited), but traders were planning to hold back supplies to create an artificial scarcity.
Samir Shah, managing director and chief executive, NCDEX, said in a release that the tie-up with Gift IFSC would allow Indian and international entities to deal in financial prod-ucts and services from India.