03.02.2011 - India: FMC projects 30pct growth in turnover at 6 commexes
From Mydigitalfc.com: An ever-increasing appetite for gold bullion, precious metals and energy commodities has seen a healthy investment growth in most commodity exchanges. Forward Markets Commission (FMC) has projected a 30 per cent growth in net turnover of all six exchanges put together in current financial year. “The market’s annual tu­rnover is likely at Rs 110-Rs 112 lakh crore in 2010-11 compared with the previous fiscal’s Rs 77.76 lakh crore,” said BC Khatua, FMC chairman while addressing an industry meet with participation from commodity exchanges..............................................Full Article: Source
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