ACE to be India's fifth national level commodity bourse

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honeykk

ACE to be India's fifth national level commodity bourse

Post by honeykk » Fri Aug 13, 2010 9:28 pm

Kotak Group-promoted ACE Derivatives and Commodity Exchange will be functional as a national bourse in 8-10 weeks with four commodities, according to a top official.

After the launch, ACE Derivatives and Commodity Exchange, formerly known as Ahmedabad Commodity Exchange (ACE) will be India's fifth national level commodity bourse after Indian Commodity Exchange (ICEX), National Multi-Commodity Exchange (NMCE), National Commodity and Derivatives Exchange (NCDEX) and Multi-Commodity Exchange (MCX). The country now has 21 commodity

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