23.08.2012 - Universal Commodity Exchange to go live soon
India’s sixth nationwide commodity futures trading platform — Universal Commodity Exchange (UCX) — is set to go live soon as the Forward Markets Commission (FMC) has sent its favourable recommendations to its parent ministry, the Ministry of Consumer Affairs (MCA). The other five commodity futures platforms that are currently in existence are: The Multi Commodity Exchange (MCX), National Commodity & Derivatives Exchange (NCDEX), National Multi Commodity Exchange (NMCE), Ace Derivatives and Commodity Exchange (ACE) and Indian Commodity Exchange (ICEX)...............................................Full Article: Source
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