National Commodities And Derivatives Exchange (NCDEX)

What is ‘National Commodities And Derivatives Exchange – NCDEX’

India’s largest and most recognized commodities exchange, which was established in 2003. The exchange was founded by some of India’s leading financial institutions such as ICICI Bank Limited, the National Stock Exchange of India and the National Bank for Agricultural and Rural Development, among others.

Explaining ‘National Commodities And Derivatives Exchange – NCDEX’

The exchange is located in Mumbai, but has offices across the country to facilitate trade. Trading is done on 45 commodities that are integral to India’s economy. These include gold, silver, Brent Crude oil, and rice, along with other agricultural products and base metals.

Further Reading

  • Efficiency of Indian commodities market: A study of agricultural commodity derivatives traded on NCDEX – papers.ssrn.com [PDF]
  • Price discovery and asymmetric volatility spillovers in Indian spot-futures gold markets – www.ceeol.com [PDF]
  • An empirical examination of the process of information transmission in India's agriculture futures markets – papers.ssrn.com [PDF]
  • Price Discovery and Volatility Spillover among Selected Commodity Spices: An Evidence from NCDEX. – search.ebscohost.com [PDF]
  • An Empirical study of select agricultural derivatives traded on NCDEX (India) – www.indianjournals.com [PDF]
  • Market efficiency of commodity futures in India – www.tandfonline.com [PDF]
  • Innovative technologies, institutions and policies for successful value chains for tur farmers: a case study of NCDEX spot – www.indianjournals.com [PDF]
  • International linkages of the Indian commodity futures markets – dspace.jgu.edu.in [PDF]
  • Efficiency of the Indian commodity and stock market with focus on some agricultural product – journals.sagepub.com [PDF]