Commodity Market: GK, Current Affairs, Questions, Trivia and News

Bombay Stock Exchange ties up with Bombay Metal Exchange (BME) to develop commodity derivatives markets

Premier stock exchange Bombay Stock Exchange (BSE) has signed pact with the Bombay Metal Exchange (BME) for the growth and systematic development of commodity derivatives markets in the non-ferrous metals complex. Through this Memorandum of Understanding (MoU), the BSE and the BME will co-ordinate and work jointly on initiatives to deepen the understanding of commodity ..

ICEX launched world’s first diamond future

The Indian Commodity Exchange (ICEX) has become the world’s first derivatives exchange to launch diamond futures contract. Initially, the contracts are launched in size of 1 carat with compulsory delivery. This will create an entirely new market for the diamond players where sellers can deliver their certified diamonds to different buyers. The launch will also ..

SEBI allows Multi Commodity Exchange of India (MCX) to launch gold options

The Securities and Exchange Board of India (SEBI) , the capital and commodity market regulator, has recently allowed Multi Commodity Exchange of India Ltd (MCX) to launch India’s first gold options contract soon. It will allow investors and hedgers to minimise their price risk at a fraction of cost compared to currently available futures trading. ..