'A commodity exchange
shall, on a quarterly basis within 30 days after the end of every quarter, submit to the Authority an audited liquid net worth certificate from an auditor,' it added.
The permission to set up nationwide commodity exchange
was not only granted to MCX but was also granted to three other entities - NCDEX, NMCE and N-BOT.
Trading on a commodity exchange
such as MCX provides benefits of higher liquidity, transparent pricing, central clearing, robust risk management and surveillance systems, efficient delivery mechanism and lower delivery and cash risks, to the market participants."
The offices of commodity exchange
company, eleni, occupy the top two floors of Tracon Tower, where one can gaze north and south along the teeming wide thoroughfare that is Churchill Avenue in the heart of Addis Ababa.
Secretary Commerce informed the Finance Minister that consultations are already at advanced stage for supply of Basmati rice and wheat to Iran on account of commodity exchange
Miami-based Republic Metals Corporation has announced that its Republic Metals brand has been added to the Commodity Exchange
's (COMEX/CME Group) 'Official List of Approved Brands' for silver, effective July 2, 2014.
Price for 1 kilogram of liquefied petroleum gas (propane) last week averaged $0.77 at the Commodity Exchange
Financing for the Ghana Commodity Exchange
(GCX) kicked off in May following the announcement two months prior that eleni, a private company and commodity exchange
promoter in Africa, would form of a private-public investment consortium to finance its establishment.
The Indian Commodity Exchange
(ICEX) is set to fold due to plummetting trading volume as a result of the government's failure to liberalise and investors retreat from futures markets after a major financial scandal at another exchange last year.
| TOKYO, Nov 8 (KUNA) -- The Tokyo Commodity Exchange
plans to tie up with a Singapore company this fiscal year to create an over-the-counter market for liquefied natural gas (LNG), a major Japanese business daily reported Friday.
Grigor Vardikyan, the head and initiator of the Inter-Exchange Electronic Union, Head of the Yerevan Commodity Exchange
A proposal was made for creation of a commodity exchange
where Latin America can negotiate over the products bought and sold in its countries, reports Laestrella.com.pa (March 5, 2013).