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Pakistan: Online commodity trading network to be extended

Posted on 14 June 2010

From Pakobserver.net: Punjab government, State Bank of Pakistan and National Commodity Exchange Limited have agreed to extend online trading network of agriculture commodities in Punjab to provide better marketing facilities to the farmers for sale of their produce such as cotton, lentils, grams, oil seeds, rice, sugar, wheat, etc. First electronic commodity trading platform - National Commodity Exchange Limited (NCEL) is operating for past several years and gold and Irri rice are also being traded on the board.
The NCEL is the first commodity exchange of the country set up for the trading of commodities. The NCEL has got 100 percent secure and state-of-the-art data center with biometrics accesses control and fire protection system………………………………………….Full Article: Source


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