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It is a member of the National Stock Exchange of India (NSE), Bombay Stock Exchange (BSE), and the Multi Commodity Exchange (MCX). [3] [4] Zerodha was founded and bootstrapped by brothers Nithin and Nikhil Kamath. [5] [6] [7] As of May 2024, it has 7.5 million active customers registered with the NSE, making it the second largest stockbroker in ...
Commodity trading in India has a long history. In fact, commodity trading in India started much before it started in many other countries. However, years of foreign rule , droughts and periods of scarcity and government policies caused the commodity trading in India to diminish.
National Commodity & Derivatives Exchange Limited (NCDEX) is an Indian online commodity and derivative exchange based in India. It has an independent board of directors and provides a commodity exchange platform for market participants to trade in commodity derivatives. It is an online technology-driven trading exchange.
National Agriculture Market or eNAM (where e is to be construed as electronic or digital) is an online trading platform for agricultural commodities in India. The market facilitates farmers, traders and buyers with online trading in commodities. [1] The market helps in better price discovery and providing facilities for smooth marketing of produce.
[1] [2] [3] It operates a network of offices across India and the Middle East. [4] Geojit was the first company in India to launch online-trading facilities, develop franchise models of sub-broking, form joint ventures in West Asia and the first to begin commodity futures trading in pepper, cardamom, gold and silver in India. [5]
The Forward Markets Commission (FMC) is the regulatory body for the commodity market and futures market in India. It is a division of the Securities and Exchange Board of India, Ministry of Finance, Government of India. As of July 2014, it regulated Rs 17 trillion [1] worth of commodity trades in India.
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