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Commodities Briefing - Categorized | Commodities Exchanges, Market Moves

ICEX plans tie-ups with existing spot exchanges

Posted on 26 July 2010

From Business-standard.com: The Indian Commodity Exchange Ltd, the commodity derivatives trading platform promoted by MMTC and Indiabulls, plans a tie-up with existing spot trading platforms for online sale of agri and non-agri commodities.

“In my opinion, a tie-up with an existing exchange will be a better idea than setting up a new facility and competing for the same space when still at a nascent stage,” said Sanjay Chandel, CEO of ICEX, without spelling out any name he was planning to associate with………………………………………Full Article: Source

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